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GRANGE RESOURCES LIMITED. — Earnings Release 2024
Feb 27, 2025
65014_rns_2025-02-27_18084b10-c8be-49f8-a1f7-be5121fddfa5.pdf
Earnings Release
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Appendix 4E
Preliminary final report
Name of entity
GRANGE RESOURCES LIMITED
ABN
80 009 132 405
Details of the reporting period and the previous corresponding period
Current Reporting Period The 12 month financial year ending 31 December 2024 Comparative Reporting Period The 12 month financial year ending 31 December 2023 Results for announcement to the market
| 12 months to | 12 months to | |||||
|---|---|---|---|---|---|---|
| 31 | December 2023 | 31 December 2024 | ||||
| $’000 | $’000 | |||||
| Revenues from ordinary activities | Down | 15% | from | 614,744 | to | 520,805 |
| Profit from ordinary activities after tax | Down | 61% | from | 150,104 | to | 58,549 |
| Profit from ordinary activities after tax | Down | 61% | from | 150,104 | to | 58,549 |
| attributable to members | ||||||
| Profit for the period attributable to | Down | 61% | from | 150,104 | to | 58,549 |
| members |
| 31 | December | 2023 | 31 | December | 2024 | |
|---|---|---|---|---|---|---|
| Net tangible asset backing per ordinary security | $0.89 | $0.92 |
Dividend Information
| Amount | Franked Amount | |
|---|---|---|
| pershare (Cents) | pershare (Cents) | |
| Final dividend per share (fully franked) | Nil | N/A |
Details of entities over which control has been gained or lost during the period
Not applicable
Details of any dividend or distribution reinvestment plans in operation and the last date for the receipt of an election notice for participation in any dividend or distribution reinvestment plan
Not applicable
Details of associates and joint venture entities
a) Details of associates
Not applicable
b) Details of material joint ventures
Not applicable
For foreign entities, which set of accounting standards is used in compiling the report (e.g.
International Accounting Standards)
The financial report for the year ended 31 December 2024 has been prepared in accordance with Australian Accounting Standards, the Corporations Regulations 2001 and other mandatory professional reporting requirements.
Events occurring after the reporting period
No matter or circumstance has arisen since 31 December 2024 that has significantly affected, or may significantly affect the Group's operations, the results of those operations, or the Group's state of affairs in future financial years.
A statement as to whether the report is based on accounts which have been audited or subject to review, are in the process of being audited or reviewed, or have not yet been audited or reviewed
This preliminary final report is based on accounts that have been audited by PricewaterhouseCoopers.
Additional Appendix 4E disclosure requirements can be found in the financial report for the year ended 31 December 2024.
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Michelle Li
Chairperson of the Board of Directors
Perth, Western Australia 28 February 2025