Feb 26 (Reuters) - Anglo-Australian miner Rio Tinto (RIO) RIO.L on Wednesday posted an 18% rise in 2019 underlying earnings as a surge in iron ore prices last year countered a slight drop in shipments of the steel-making commodity.
The company said it is prepared for the short-term impact to supply chains from the coronavirus outbreak.
The world's top iron ore producer's underlying earnings for the full year ended Dec. 31 rose to $10.37 billion, from $8.81 billion a year earlier.
That was slightly below a consensus estimate of $10.40 billion by 17 analysts compiled by research firm Vuma Financial.
Rio Tinto declared a final dividend of $2.31 per share, higher than $1.8 per share in 2018.
News: RIO Rio Tinto posts 18% jump in full-year earnings
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$130.98 |
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Mkt cap ! $48.62B | |||
| Open | High | Low | Value | Volume |
| $131.76 | $131.76 | $130.45 | $150.9M | 1.151M |
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| No. | Vol. | Price($) |
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| 1 | 174 | $130.74 |
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| Price($) | Vol. | No. |
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| $130.98 | 3950 | 1 |
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| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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$130.96 |
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| $131.68 | $131.76 | $130.47 | 104568 | ||
| Last updated 15.59pm 29/04/2024 ? | |||||
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