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Share Name Share Symbol Market Type
South32 Limited ASX:S32 Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 3.97 4.30 3.68 0.00 00:08:13

South32 Reports Annual Loss

24/08/2015 12:14am

Dow Jones News


South32 (ASX:S32)
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   By Rhiannon Hoyle 
 

SYDNEY--South32 Ltd. (S32.AU) reported a wide full-year loss, weighed by impairment charges and weak commodity prices.

The mining company, spun out of BHP Billiton Ltd. (BHP.AU) earlier this year, reported a net loss of US$919 million in its maiden full-year fiscal report. It said the assets had generated a statutory profit of US$46 million in the same period a year earlier.

Shares in the company have been falling since it listed in May, weighed by uncertainty over its outlook, following one of the largest corporate breakups in mining history.

 

Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com

 

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


(END) Dow Jones Newswires

August 23, 2015 18:59 ET (22:59 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.

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