Newcrest Mining (NCM) has reported a fall in underlying profit to $451 million in the year ending June 30, compared to a $1.084 billion profit 12 months...

CommSec

Online Stockbroker

Newcrest Mining (NCM) has reported a fall in underlying profit to $451 million in the year ending June 30, compared to a $1.084 billion profit 12 months earlier. The miner announced $6.23 billion in write downs for the period which related to impairments and asset write downs, including a $273 million write down of its investment in Evolution Mining Limited (EVN), in addition to restructuring costs of $51 million. Investors were encouraged by expectations for a near halving of capital expenditure in the year ahead. for more go to Investing.commsec.com.au/reportingseason


CommSec
CommSec
Online Stockbroker
Online Stockbroker

CommSec is Australia's leading online broker. CommSec has been committed to providing the best in online trading since 1995. CommSec helps make informed investment decisions with comprehensive market research, free live pricing and powerful...

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