0R15 8520.0 0.0% 0R1E 8203.0 0.0% 0M69 21090.0 67.5139% 0R2V 226.02 9878.8079% 0QYR None None% 0QYP 412.97 -2.8306% 0RUK 2652.0 -9.2402% 0RYA 1554.0 -0.7029% 0RIH 174.55 -1.3563% 0RIH 165.15 -5.3853% 0R1O 198.5 9800.2494% 0R1O None None% 0QFP None None% 0M2Z 267.777 -0.1763% 0VSO 32.05 -9.9846% 0R1I None None% 0QZI 559.0 0.7207% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 165.7358 2.7149%
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Sylvania Platinum’s (LSE: SLP) Q3 FY24 net profit soars 62% sequentially; stock up 35% in six months
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Highlights
Sylvania Platinum Limited (LSE: SLP) specialises in producing platinum group metals (PGMs), including rhodium, platinum, and palladium. The company has a market capitalisation of GBP 180.32 million and is listed on the FTSE AIM All-Share Index. Sylvania Platinum primarily focuses on the reprocessing of chrome tailings material containing platinum group metals (PGMs).
In the third quarter of FY24, the company posted a significant surge in net profit, whichrose 62% to US$ 2.53 million compared to US$ 1.55 million in Q2 FY24. This increase was attributed to a decrease in net tax expenses, as no dividend withholding tax was incurred on inter-company dividends during the quarter.
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