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Sociedad Minera Cerro Verde increases 3Q16 profits by 621%

Sociedad Minera Cerro Verde aumenta un 621% sus utilidades en el tercer trimestre de 2016

Intel ID : 242270
Synopsis

Sociedad Minera Cerro Verde (BVL:CVERDEC1), a Peru-based mining company, registered a profit increase of 621% in 3Q16, compared to the same period of 2015, reported El Comercio on 3 November 2016, citing Kallpa SAB report.

Specifically, the company registered profits of USD 48.3m in 3Q16 and noted the results follow the improvement of its operational profits and the increase of its revenue.
(content in spanish)

Sociedad Minera Cerro Verde (BVL:CVERDEC1), empresa minera con sede en Perú, ha registrado un aumento del 621% en sus utilidades durante el tercer trimestre de 2016, comparado con el mismo periodo de 2015, según ha informado El Comercio el 3 de noviembre de 2016, citando un informe de Kallpa SAB.

En concreto, la compañía ha obtenido ganancias por USD 48,3m en el tercer trimestre de 2016 y ha explicado que los resultados se deben a la mejora de su utilidad operacional y al aumento de sus ingresos.

Intel ID 242270
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Sociedad Minera Cerro Verde
(31 Dec 2017)
Revenue: EUR 2.668,66m
Exchange Rate:
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Name
verified
Subsector (Old TTR Sectors)
Natural Resources / Mining (Primary)
Primary Sector (TTRSC)
55.05.02 Copper & Cobalt Mining & Refining
55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources

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