Champion Iron's half-year financial surge

Champion Iron (ASX:CIA) has announced their Appendix 4D for the half-year ending September 30, 2024. The company reported a 19% increase in revenue from ordinary activities, reaching C$818,064,000. Net profit attributable to members rose by 23% to C$101,164,000. An interim dividend of C$0.10 per share was declared, maintaining consistency with previous payments.

Champion Iron's strategic outlook and financial health

Champion Iron (ASX:CIA) has demonstrated strong financial performance in the half-year ended September 30, 2024, with a 19% increase in revenue and a 23% rise in net profit. The company declared a consistent interim dividend of C$0.10 per share, reflecting its commitment to shareholders. The net tangible assets per share have also increased, indicating robust financial health. The financial statements were reviewed by Ernst & Young, ensuring compliance with standards. Champion Iron has not experienced any changes in control or joint ventures, signaling stability in its business strategy. The company aims to maintain its growth trajectory while delivering consistent returns to its investors.

Executive insights on financial performance

Our operational efficiency and strong market position have contributed to the significant growth in revenue and net profits. We remain committed to returning value to our shareholders through consistent dividend payments.