Minera Autlan reports deeper net loss in Q2

Thursday, 30 July 2020 00:27:07 (GMT+3)   |   Sao Paulo

Mexican manganese and ferroalloys producer Minera Autlan saw its net loss in Q2 this year deepen to $7.1 million, from a $2.3 million loss in Q2 2019, the company said while releasing its quarterly results.

Net revenues in Q2 declined 14 percent, year-on-year, to $84.2 million. Gross profit in Q2 rose to $21.2 million, from $19.5 million in the same quarter of the year prior.

Minera Autlan reported an EBITDA of $20.7 million, 13 percent up, year-on-year.

Most Recent Related Articles

Vale goes from loss to profit in Q2, resumes dividends

Usiminas turns to loss in Q2

AHMSA posts significant net loss in Q2

Peru's Aceros Arequipa turns to loss in Q2 following Covid-19

Mexico’s AHMSA sees net loss increase in Q1