Highlights
- Fortescue (ASX:FMG) shared its full year financial results for the period ending on 30 June 2022.
- The company had an underlying EBITDA of US$10.6 billion.
- Meanwhile, Fortescue's shares were trading 2.16% lower at AU$19.44 each on ASX today at 10.56 AM AEST.
Fortescue Metals Group Ltd (ASX:FMG) has shared its full year financial results for the period ending on 30 June 2022.
According to an ASX filing, the materials company exceeded expectations with record shipments of 189 million tonnes. It is the second highest earnings and operating cash flow in Fortescue's history.
Fortescue had an underlying EBITDA of US$10.6 billion, a margin of 61%, a net profit after tax (NPAT) of US$6.2 billion, and earnings per share of US$2.01 (AU$2.77) in FY22.
Meanwhile, Fortescue's shares were trading 2.16% lower at AU$19.44 each on ASX today at 10.56 AM AEST. This is in line with ASX 200 Materials index which was 2.21% down at 16,466.90 points today at 10.57 AM AEST.
Updates to follow