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Top performance from CVRD

BRAZILIAN iron ore mining giant CVRD’s financial performance has reached record highs in 2006, with the company posting net earnings of $US6.5 billion ($A8.4 billion), a 35% increase from $4.8 billion in 2005.

MiningNews.Net
Top performance from CVRD

The company recorded a 52% jump in gross revenue to $20.4 billion, while operational profit (EBIT) and cashflow generation (EBITDA) rose 41% to $7.6 billion and 42% to $9.2 billion, respectively, for 2006....

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