Hot Chili Ltd, CHC1:DEU profile

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About the company

Hot Chili Limited is an Australia-based copper company. The principal activity of the Company is engaged in mineral exploration. The Company is focused on copper exploration and development in Chile’s Atacama Region. The Company’s Costa Fuego Project is a copper mining hub in Region III on the Chilean coastal range. Its Chilean coastal range Costa Fuego Copper-Gold Project comprises the Cortadera, Productora and San Antonio deposits. The Cortadera deposit is focused on copper-gold discoveries in Chile. Productora is an advanced-stage copper-gold project. Its El Fuego copper Project encompasses two historic underground mines, which include San Antonio and Valentina. The Company’s wholly owned subsidiaries include Sociedad Minera El Corazon Limitada, Sociedad Minera Los Mantos SpA, Sociedad Minera Frontera SpA, and Sociedad Minera Bandera SpA.

Revenue in AUD (TTM)265.20k
Net income in AUD-7.57m
Incorporated2008
Employees--

Location
Hot Chili LtdFirst Fl 768 Canning HwyPERTH 6153AustraliaAUS
Phone+61 89315-9009
Fax+61 89315-5004
Websitehttps://www.hotchili.net.au/

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Income statement (AUD)

Year on year Hot Chili Ltd had net income fall 44.87% from a loss of 5.23m to a larger loss of 7.57m despite a 55.26% increase in revenues from 170.80k to 265.19k. An increase in the selling, general and administrative costs as a percentage of sales from 1,141.55% to 1,864.99% was a component in the falling net income despite rising revenues.

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