South32 posts loss on weak prices

South32 posts full-year loss after a volatile 12 months, but beats analyst expectations

 South32 CEO Graham Kerr

South32 CEO Graham Kerr

Full-year revenue was down 16% to $6.07 billion on lower commodity prices, while underlying earnings slumped 81% to $193 million, above consensus of $180 million. Profit before tax dropped 71% to $261...

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