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Low costs lift KGHM's Q3 financials

Low costs outweighed KGHM's underwhelming operational performance in Q3, helping the Poland-based copper producer post a strong set of financial results for the quarter.

Low costs lift KGHM's Q3 financials Low costs lift KGHM's Q3 financials Low costs lift KGHM's Q3 financials Low costs lift KGHM's Q3 financials Low costs lift KGHM's Q3 financials

KGHM's Głogów copper smelter in Poland

KGHM reported September quarter earnings of PLN472 million (US$125 million), translating to PLN 2.36/share, well above investment bank BMO's forecast of PLN1.