Teck Q3 profit rises on higher demand for steelmaking coal


Oct 24 (Reuters) - Teck Resources Ltd, Canada'slargest diversified miner, reported a rise in third-quarterprofit on higher steelmaking coal sales.

Net profit rose to C$267 million ($257.00 million), or 46Canadian cents per share, from C$256 million, or 44 Canadiancents per share, a year earlier. Revenue rose marginally toC$2.52 billion.

Adjusted profit fell to C$252 million, or 44 Canadian centsper share, from C$425 million or 73 Canadian cents per share, ayear earlier.

View Comments (0)