Profit clarification due to apparent uncertainty in the market. Thoughts people? What was everyone expecting?
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On this basis it is appropriate to provide the following clarification of half year
ended 31 December 2007 profit range expectations.
Zinifex net profit $1,270 to $1,320 million
This includes the following significant items:
- EBIT from continuing operations (mines) $250 to $275 million
- EBIT from discontinued operations (smelters) $75 to $100 million
- Profit on sale of Nyrstar interest $940 to $980 million
Zinifex’s reviewed half year profit results will be issued on 25 February 2008.
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