Xstrata (XSRAF.PK): H1 net profit more than tripled to $2.3B, or $0.78/share, on an increase in...

|About: Xstrata Plc (XSRAF)|By:, SA News Editor
Xstrata (XSRAF.PK): H1 net profit more than tripled to $2.3B, or $0.78/share, on an increase in the selling prices of all its commodities and $243M of cost savings. Revenue of $13.6B (+43%). Approves two major projects that will help it reach its target of 50% higher production by 2014.