CAPITAL MARKETS

Strong result for South32

SOUTH32 has posted a strong half-year profit and paid its first interim dividend, as CEO Graham Kerr faced questions over what the company will do with its cash.

Kristie Batten
Strong result for South32

While revenue was only up by 8% to $US3.2 billion, net profit after tax was $620 million, up from a loss of $1.7 billion in the same period of 2015 due to impairments. Earnings before interest, tax,...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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