$40M bounce back for St Barbara

IN A REMARKABLE turnaround for the 2015 financial year, ST Barbara has posted a net profit of $A39.7 million just one year after recording a $501 million loss.

In underlying terms, net profit came to $42.4 million after a loss of $33.5 million the previous year, and net cashflow jumped from $20.3 million to $113.2 million.

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