FMG News: Fortescue’s Profit Misses Forecasts as Higher Costs Bite - 28th Aug 2024, 11:34am

annb0t

Top 20
(Bloomberg) -- Fortescue Ltd.’s full-year profit rose 3%, as the fourth-largest iron ore miner weathered a slowdown in demand for the steelmaking material from biggest customer China.

Most Read from Bloomberg

Nazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban Eyecatcher Chicago Overcomes DNC Skeptics With Calm, Parties and Sun How the Cortiços of São Paulo Helped Shelter South America’s Largest City

Underlying net income for the year to June was $5.68 billion, the th...

>>> Read more: Fortescue’s Profit Misses Forecasts as Higher Costs Bite
 
Top Bottom