LONDON (AP) -- Mining company Anglo-American PLC has reported a record operating profit for last year though its net profit declined 6 percent compared to 2010 when the company booked a big gain on asset disposals.
Anglo-American reported Friday that net profit was $6.17 billion compared to $6.54 billion in 2010. Group revenue was up 11 percent to $36.5 billion.
Gains on asset disposals last year were $183 million compared to $1.6 billion in 2010.
The group reported a record operating profit before special items and remeasurements of $11.1 billion, up 14 percent on the year before. Underlying earnings per share were 23 percent higher and the full-year dividend was raised 14 percent to $0.74 per share.
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