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Turquoise Hill: 2Q Earnings Snapshot

August 1, 2019

VANCOUVER, British Columbia (AP) _ Turquoise Hill Resources Ltd. (TRQ) on Wednesday reported a second-quarter loss of $446.5 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 22 cents. Earnings, adjusted for asset impairment costs, were 8 cents per share.

The metal and coal mining company posted revenue of $382.7 million in the period.

The company’s shares closed at 58 cents. A year ago, they were trading at $2.77.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRQ at https://www.zacks.com/ap/TRQ

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