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Chile's Codelco reports Q1 pre-tax profit of $1.521 bln

Chile's Codelco reports Q1 pre-tax profit of $1.521 bln

reuters.com · 04/29/2022 16:01
Chile's Codelco reports Q1 pre-tax profit of $1.521 bln

- Chilean copper producer Codelco posted on Friday a first quarter pre-tax profit of $1.521 billion, a 7% decrease from the year-ago period.

The state-owned company's quarterly production totaled 364,000 tonnes, down 6% from a year ago. Its direct production cost rose to $152 cents per pound from $132 the year before.


(Reporting by Carolina Pulice and Fabian Cambero; Editing by Christian Plumb)

((Carolina.Pulice@thomsonreuters.com;))