We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Name | Symbol | Market | Type |
|---|---|---|---|
| Vale SA | NYSE:VALE | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.09 | 0.72% | 12.61 | 12.67 | 12.45 | 12.65 | 23,144,400 | 00:30:38 |
From May 2019 to May 2024
By Rogerio Jelmayer
SÃO PAULO--Brazilian mining giant Vale SA posted a net-profit increase of 17.3% in the second quarter, as lower debt-service costs helped to offset lower revenue.
Vale, the world's largest iron-ore producer, on Thursday reported a second-quarter net profit of $1.68 billion, up from $1.43 billion a year ago.
The company's debt-service costs totaled $215 million in the second quarter, down from $983 million the previous year.
Vale's net revenue dropped 29.7% to $6.96 billion.
Its earnings before interest, taxes, depreciation and amortization, or Ebitda, tumbled 46.1% in the period to $2.2 billion.
Vale was able to reduce its cost and expenses in the period, to $4.93 billion, compared with $6 billion in the second quarter of 2014.
The company invested a total of $2.1 billion in its operations in the period, down from $2.47 billion one year ago.
Vale is the world's largest iron-ore producer, and China is the biggest consumer and Vale's top customer.
Write to Rogerio Jelmayer at rogerio.jelmayer@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Vale Chart |
1 Month Vale Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
