|
|
Article: African Subsidiary's Mining Operations Generate Net Income Of R89 Million 'C$18 Million' For The Year Ended June 30, 2001, An Increase Of 71% Over The Previous Year.
- Article from:
- Business Wire
- Article date:
- September 5, 2001
CopyrightCOPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Business Editors
VANCOUVER, B.C.--(BUSINESS WIRE)--Sept. 5, 2001
Crew Development Corporation (Crew) (TSE:CRU.) (OSLOSE:CRU) (FRANKFURT:KNC) is pleased to announce that its African subsidiary, Metorex, has reported a 71% increase in net income to R89million (C$18million) for the year ended June 30, 2001, compared with R52million (C$12million) for the previous year.
A final dividend of R0.12 (C$0.02) per share has been declared, of which Crew will receive approximately R7.7million (C$1.5million).
Gross revenues increased to R720million (C$144million) for the year ended June 30, 2001, compared with R579million (C$134million) for the ...