Era sees net profits increase in H1

Uranium miner Energy Resources of Australia (Era) has reported a 163% increase in net profits for the interim period ending June, compared with the previous corresponding period, while revenues increased by 6%.

The ASX-listed company on Thursday reported that net profits for the six months to June had reached A$49.2-million, up from a loss of 78.3-million in the previous corresponding period, while revenue was up to A$19.4-million.