South32 Ltd’s (S32) Full Year Result 22 August 19: South32 plans sale of energy coal business as impairments weigh
CommSec

South32 Ltd’s (S32) Full Year Result 22 August 19: South32 plans sale of energy coal business as impairments weigh

2019-08-22
WA based mining and metals company, South32 (S32) has reported a statutory profit after tax decrease of 71% on the prior year to US$389 million. While underlying EBIT declined 19% to US$1.44 billion, falling short of analyst consensus as surveyed by Bloomberg. This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124,...
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