Teck Resources Says Adjusted Profit From Continuing Operations Attributable To Shareholders Was $392 Mln, Or $0.76 Per Share, In Q1 2024
April 25 (Reuters) -Teck Resources Ltd TECKb.TO:
SEES Q2 STEELMAKING COAL SALES OF 6.0 MILLION - 6.4 MILLION TONNES
TECK REPORTS UNAUDITED FIRST QUARTER RESULTS FOR 2024
ADJUSTED PROFIT FROM CONTINUING OPERATIONS ATTRIBUTABLE TO SHAREHOLDERS WAS $392 MILLION, OR $0.76 PER SHARE, IN Q1 2024
SEES 2024 COPPER PRODUCTION GUIDANCE 465 - 540 (000’S TONNES)
SEES Q2 RED DOG ZINC IN CONCENTRATE SALES OF 50,000 TONNES - 60,000 TONNES
2024 PRODUCTION GUIDANCE REFINED ZINC (000'S TONNES) 275 - 290
SEES 2024 ZINC PRODUCTION GUIDANCE 565 - 630 (000’S TONNES)
2024 PRODUCTION GUIDANCE STEELMAKING COAL (MILLION TONNES) 24.0 - 26.0
COPPER PRODUCTION INCREASED 74% TO 99,000 TONNES IN Q1, WITH QB PRODUCING 43,300 TONNES
ZINC IN CONCENTRATE PRODUCTION INCREASED BY 10% TO 159,800 TONNES IN Q1
OUR STEELMAKING COAL BUSINESS UNIT GENERATED $1.4 BILLION IN GROSS PROFIT BEFORE DEPRECIATION AND AMORTIZATION1 IN Q1
Q1 EARNINGS PER SHARE VIEW C$0.85, REVENUE VIEW C$4.07 BILLION -- LSEG IBES DATA
ALL AMOUNTS ARE IN CANADIAN DOLLARS
Source text for Eikon: [ID:]
Further company coverage: TECKb.TO
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
