13th Feb 2014 06:35
LONDON (Alliance News) - Anglo-Australian mining giant Rio Tinto PLC said it posted a annual net profit attributable to owners of the company of USD3.665 billion, compared to a net loss of USD3.028 billion last year. Earnings per share totaled 197.3 cents, compared to last year's loss per share 163.8 cents.
The results for the year 2013 included non-cash exchange losses of USD2.9 billion and impairments of USD3.4 billion.
Underlying earnings grew 10% to USD10.2 billion. Profit before tax for the year reached USD3.505 billion, as against a loss of USD2.431 billion a year ago.
For the year 2013, consolidated sales revenues rose to USD51.171 billion from USD50.942 billion.
In addition, the group announced 15% increase in full-year dividend to 192 cents per share, payable on April 10, to shareholders on record on March 7.
In 2014, the group said, it expects to produce about 295 million tonnes from its global operations in Australia and Canada, subject to weather constraints.
Copyright RTT News/dpa-AFX
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