Seeking Alpha

Rio Tinto (RIO): 2012 net loss $3B vs profit of $5.8B a year earlier and consensus of $4B. First...

Rio Tinto (RIO): 2012 net loss $3B vs profit of $5.8B a year earlier and consensus of $4B. First loss in at least 21 years. Underlying profit -40% to $9.3B vs forecasts of $9.1B. Revenue $50.97B vs $60.54B. Loss due to impairment charge of $14.4B, mainly related to aluminum operations and coal assets in Mozambique. Ups annual dividend 15% to $1.67/share. (PR)
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)