Mining company Rio Tinto reported a net profit growth of 56% to $13 billion 640 million in 2018, which was promoted by the sale of some assets. EBITDA at the end of the year was $18 billion 140 million, a decrease of 2% over the year. At the same time, the basic profit of $8 billion 810 million showed an annual growth of 2% and exceeded the experts' forecast. Consolidated revenue, adding $500 million, was at the level of 40 billion 520 million dollars, also being above forecasts. The Anglo-Australian company, following the results of the year, will pay dividends in the amount of 3 dollars and 7 cents per share. 72% of the base profit, amounting to 5 billion 300 million dollars, will be directed on it.
Global airlines heading for $84 billion net loss in 2020: IATA28.05.2020
American Airlines will cut 30% of its workforce including management and support staff27.05.2020
National Bank of Canada, Scotiabank surpass forecast despite profit decline19.05.2020
J.C. Penney plans to permanently close its 242 stores amid bankruptcy