Mining giant Rio Tinto half-year net profit almost doubles
Mining giant Rio Tinto half-year net profit almost doubles
Sydney - Al Maghrib Today
Mining giant Rio Tinto Wednesday reported a 93 percent jump in its first-half net profit on the back of rising commodity prices.
The Anglo-Australian firm said net profit was US$3.31 billion in the six months to June 30, compared to US$1.71 billion in the same period last year.
Underlying profit, the measure preferred by Rio, jumped 152 percent to US$3.94 billion.
Source: AFP
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