Heavy Rare Earths (ASX:HRE) Net Income From Continuing Operations : A$-0.47 Mil (TTM As of Dec. 2023)

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What is Heavy Rare Earths Net Income From Continuing Operations?

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Heavy Rare Earths's net income from continuing operations for the six months ended in Dec. 2023 was A$-0.47 Mil. Its net income from continuing operations for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.47 Mil.

Heavy Rare Earths Net Income From Continuing Operations Historical Data

The historical data trend for Heavy Rare Earths's Net Income From Continuing Operations can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Heavy Rare Earths Net Income From Continuing Operations Chart

Heavy Rare Earths Annual Data

Trend

Jun23

Net Income From Continuing Operations

-1.79

Heavy Rare Earths Semi-Annual Data
	Jun22	Jun23	Dec23
Net Income From Continuing Operations	-1.28	-	-0.47

Heavy Rare Earths Net Income From Continuing Operations Calculation

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Net Income From Continuing Operations for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.47 Mil.

Heavy Rare Earths (ASX:HRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Heavy Rare Earths Ltd (ASX:HRE) » Definitions » Net Income From Continuing Operations

Comparable Companies

Traded in Other Exchanges

N/A

Address

459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Website

https://www.hreltd.com.au

Heavy Rare Earths Ltd is an Australian rare earth exploration company with projects in Western Australia and the Northern Territory. The firm's key exploration project is Cowalinya in Western Australia. This is a clay-hosted rare earth project. It holds interest in Duke rare earth project. Rare earth materials are used in a wide array of technology and future-facing applications, including smartphones, wind energy, and hybrid and electric vehicles.

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