CAPITAL MARKETS

OZ profit slumps on trade war fallout

COPPER miner OZ Minerals has posted a 65.6% drop in net profit after tax to A$43.9 million.

 OZ managing director Andrew Cole

OZ managing director Andrew Cole

Revenue fell by $111 million to $419.2 million and underlying EBITDA was down $127.4 million to $162.5 million. The company said the lower profit was due to increased capital spend and customers pushing...

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