MEXICO CITY (dpa-AFX) - Precious metals mining Fresnillo plc (FRES.L) Tuesday reported a profit of $89.7 million or 0.088 per share for the first half of the year, lower than $141 million or 0.159 per share in the comparable period last year, primarily due to higher costs.
Excluding one-time items, Adjusted EPS was $.104, down 46.4%.
Earnings before interest, taxes, depreciation, and amortization or EBITDA declined 23.5% to $351 million from $459.1 million a year ago.
Quarterly revenue increased to $1.343 billion from $1.259 billion in the previous year.
Adjusted revenue was $1.431 billion compared with 1.349 billion last year, helped by higher gold and silver volumes sold at higher prices.
The company's Board has declared an interim dividend of $0.014 per share to be paid on September 14 to shareholders on the register on August 11.
For the full year, the company has reaffirmed its outlook.
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