Breaking News, World News and Taiwan News.

Antofagasta H1 earnings per share up 92%, year output target gets cut

LONDON -- Chilean miner Antofagasta posted a near doubling in first-half earnings per share on Tuesday on higher production and a rebound in prices, but trimmed its annual production target.

“Group copper production from the three operating mines is expected to be approximately 530,000 tonnes, slightly below the forecast of 543,000 tonnes announced in March, reflecting updated forecasts at Los Pelambres and El Tesoro,” a statement said.

The London-listed group said earnings per share for the first six months rose 92 percent to 46 cents from 24 cents last year on a 50 percent rise in turnover to US$1.76 billion.

Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos
 Respond to this email
WSJA
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   English Courses  |   Terms of Use  |   Sitemap
  chinapost search