PROFIT & LOSS

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.

KGHM's Głogów copper smelter in Poland

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 PLN1.02/share - a result BMO analyst Edward Sterck...

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