Feb 26 (Reuters) - Rio Tinto Ltd (RIO) :
- FY UNDERLYING EARNINGS $10,373 MLN VS $8,808 MLN
- FY NET EARNINGS $8,010 MLN VS $13,638 MLN
- FY NET DEBT $3,651 MLN VS CASH OF $255 MLN
- ANNOUNCES FULL-YEAR ORDINARY DIVIDEND OF $6.2 BILLION (382 US CENTS PER SHARE)
- FINAL ORDINARY DIVIDEND OF $3.7 BILLION (231 US CENTS PER SHARE)
- CLOSELY MONITORING IMPACT OF COVID-19 VIRUS AND ARE PREPARED FOR SOME SHORT-TERM IMPACTS, SUCH AS SUPPLY-CHAIN ISSUES
- "OUR PRODUCTS ARE CURRENTLY REACHING OUR CUSTOMERS"
- TOTAL FY CASH RETURNS OF $7.2 BILLION (443 US CENTS PER SHARE)
- 2020 PRODUCTION GUIDANCE IS UNCHANGED FROM PRIOR DISCLOSURES
- CURRENTLY EVALUATING IMPACT OF THE COVID-19 VIRUS, WHICH COULD CREATE SIGNIFICANT UNCERTAINTY FOR BUSINESS IN THE NEAR TERM
- ALL OPERATIONS ARE LOOKING AT OPPORTUNITIES TO ADJUST TO THE IMPACT OF THE COVID-19 VIRUS ON MARKET CONDITIONS
- CAPITAL EXPENDITURE EXPECTED TO BE AROUND $7.0 BILLION IN 2020,AND AROUND $6.5 BILLION IN EACH OF 2021 AND 2022
- COPPER C1 UNIT COSTS IN 2020 ARE AFFECTED BY LOWER COPPER GRADES AND LOWER BY-PRODUCT REVENUES
- SEES EFFECTIVE TAX RATE ON UNDERLYING EARNINGS OF ABOUT 30% IN 2020
- WILL CONTINUE TO MONITOR AND ADJUST PRODUCTION LEVELS AND PRODUCT MIX TO MEET CUSTOMER REQUIREMENTS IN 2020
- LONGER TERM DEMAND FOR COPPER EXPECTED TO REMAIN ROBUST DUE TO URBANISATION, INDUSTRIALISATION, ELECTRIFICATION IN CHINA, EMERGING ECONOMIES
- EXPECT TO ACCESS HIGHER, MORE CONSISTENT GRADE ORE FROM FIRST QUARTER 2021 FOR MINED COPPER
- EXPECT ALUMINIUM DEMAND TO IMPROVE IN 2020
- CO'S AMBITION IS FOR NET ZERO EMISSIONS FROM OPERATIONS BY 2050
- CO'S GROWTH, OVERALL, BETWEEN NOW AND 2030 WILL BE CARBON NEUTRAL
- GROWTH BETWEEN NOW AND 2030 WILL BE CARBON NEUTRAL, UNDERPINNED BY ABOUT $1 BLN OF CLIMATE-RELATED SPEND OVER NEXT 5 YRS
Source: https://bit.ly/39cGusk
(([email protected];))
- Forums
- ASX - By Stock
- RIO
- News: RIO Rio Tinto Posts FY Underlying Earnings Of $10,373 Mln
News: RIO Rio Tinto Posts FY Underlying Earnings Of $10,373 Mln
Featured News
Add RIO (ASX) to my watchlist
(20min delay)
|
|||||
Last
$121.76 |
Change
0.830(0.69%) |
Mkt cap ! $45.19B |
Open | High | Low | Value | Volume |
$122.26 | $123.10 | $121.60 | $222.7M | 1.819M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 789 | $121.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$122.88 | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 789 | 121.500 |
1 | 800 | 121.000 |
1 | 8 | 120.930 |
1 | 7 | 120.750 |
1 | 750 | 120.600 |
Price($) | Vol. | No. |
---|---|---|
122.880 | 1000 | 1 |
122.930 | 540 | 1 |
122.950 | 200 | 1 |
123.000 | 320 | 4 |
123.090 | 100 | 1 |
Last trade - 16.10pm 29/03/2024 (20 minute delay) ? |
|
|||||
Last
$122.00 |
  |
Change
0.830 ( 1.13 %) |
|||
Open | High | Low | Volume | ||
$121.84 | $123.10 | $121.46 | 342628 | ||
Last updated 15.59pm 29/03/2024 ? |
Featured News
RIO (ASX) Chart |