Malaysia's Top Glove Corporation Bhd reported on Wednesday a 485% jump in third-quarter net profit as the COVID-19 pandemic drove continued strong demand for gloves.
By Reuters Staff
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MOSCOW, May 27 (Reuters) - Russia’s largest gold producer Polyus said on Thursday that its first-quarter core earnings rose by 25% year-on-year to $739 million due to higher gold sales and stronger global prices for the precious metal.
Its revenue rose by 18% to $1.0 billion, the company said in a statement, adding that it was on track to spend $1.0-$1.1 billion on its capital expenditures in 2021. (Reporting by Polina Devitt and Anastasia Lyrchikova; Editing by Jan Harvey)
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Brazilian retailer Magazine Luiza SA reported on Thursday a first-quarter recurring net income of 258.6 million reais ($48.72 million), compared to 30.8 million reais a year earlier, as its online sales more than doubled.
By Reuters Staff
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May 12 (Reuters) - Turquoise Hill Resources Ltd posted a more than five-fold rise in quarterly profit on Wednesday, as the Canadian miner was helped by increased production of copper and gold at its Oyu Tolgoi mine in Mongolia.
Rio Tinto-controlled Turquoise Hill said income attributable to owners of the company was $236.7 million, or $1.18 per share, for the three months ended March 31, compared with $45.2 million, or 22 cents per share, a year earlier. (Reporting by Arunima Kumar in Bengaluru; Editing by Shailesh Kuber)