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Name | Symbol | Market | Type |
---|---|---|---|
Energy Resources Of Australia Ltd (PK) | USOTC:EGRAY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.019296 | 0.012 | 0.20 | 0.00 | 21:00:02 |
SYDNEY—Rio Tinto PLC said first-half net profit plunged 82% from a year earlier, as the Anglo-Australian miner grappled with a sharp slump in prices for its commodities, including iron ore, coal and copper.
Rio Thursday said its first-half net profit fell to US$806 million from US$4.40 billion a year earlier. That was weighed by noncash exchange rate and derivative losses of US$1.3 billion and impairment charges of US$400 million related mainly to its stake in Energy Resources of Australia Ltd.
Excluding one-time charges, underlying earnings fell 43% to US$2.92 billion, which beat the US$2.42 billion median of seven analysts' forecasts compiled by The Wall Street Journal.
The company declared an interim dividend of US$1.075 a share, up 12% from a year earlier and in line with analysts' expectations.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Energy Resources Of Aust... (PK) Chart |
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