0R15 8539.0 2.1534% 0R1E 8600.0 3.3654% 0M69 None None% 0R2V 190.25 -0.1312% 0QYR 1345.5 2.0871% 0QYP 424.0 0.5931% 0LCV 146.6464 -1.3147% 0RUK None None% 0RYA 1631.0 -0.6094% 0RIH 171.3 0.9131% 0RIH 174.9 2.1016% 0R1O 186.0 9820.0% 0R1O None None% 0QFP None None% 0M2Z 298.3 -0.6495% 0VSO None None% 0R1I None None% 0QZI 474.5 0.6363% 0QZ0 220.0 0.0% 0NZF None None%
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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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