The Malaysia-based but Singapore-listed miner plans to pay a final dividend of 0.8 cent, representing a payout ratio of 24.7%.
Fortress Minerals has reported revenue of US$53.5 million for FY2023 ended Feb 23, up 23.5% over the preceding year.
The higher revenue was attributed to a higher sales volume, but average selling prices. Earnings dropped by 9.2% to US$12.6 million.
