South32 Ltd (S32) reported a stronger than expected half year underlying profit of US$479 million compared to market estimates of $352 million. The result was helped by the recent lift in base commodity prices and steady demand. Two of the company’s main resources, manganese and metallurgical coal prices, nearly tripled... Show More
South32 Limited (S32) reported underlying earnings of US$138 million, better than the market had expected. But it posted a statutory loss of US$1.6 billion for the 2016 financial year: Australia’s largest travel agent, Flight Centre (FLT) posted a slightly weaker than expected net profit of $244.6 million, down 4.7% over... Show More
South32 (S32) the mining company that was spun out of BHP Billiton (BHP) last year has reported a first half statutory loss of US$1.7 billion down 94% due to the fall in commodity prices and metal demand For more Reporting Season coverage, please visit https://www.commsec.com.au/reportingseason Show More
South32's report for the first quarter of the 2016 financial year was released to the market this morning. The production numbers were good, as expected, and management are indicating there is more cost to come out of the business than suggested at the time it was spun out of BHP... Show More
South32 (ASX:S32), a BHP spinoff, owns a range of mines in the southern hemisphere including assets in Australia, South Africa and South America. Most of the mines are high quality and low cost. But the commodities involved—aluminium, coal, nickel and manganese—are all in a deep slump, and South Africa and... Show More
South32 Limited (S32) reported its first financial result since its successful demerger from BHP Billiton on 25 May 2015. The company has released FY15 numbers and set up Pro forma results reflecting the business unit results now under S32 year on year For more Reporting Season coverage, please visit https://www.commsec.com.au/reportingseason Show More