Southern Copper 2Q Net Rises To $658M From $313.4M

Aug 1, 2011 09:54

Source:SMM

Southern Copper Corp. (SCCO) said late Friday that second-quarter net profit was $658 million compared with $313.4 million a year earlier.

LIMA, Peru, Jul 30, 2011 (Dow Jones Commodities News via Comtex) -- Southern Copper Corp. (SCCO) said late Friday that second-quarter net profit was $658 million compared with $313.4 million a year earlier.

The company said that net sales rose to $1.80 billion from $1.17 billion a year earlier.

Southern Copper operates mines, smelting and refining facilities in Mexico and Peru.

The company is 80% owned by Grupo Mexico. (GMEXICO.MX)

Southern Copper;second-quater net profits

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Southern Copper 2Q Net Rises To $658M From $313.4M

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