Buenaventura Announces Second Quarter and Six Month 2018 Results
Buenaventura Mining Company Inc. (BVN)
Last buenaventura mining company inc. earnings: 2/20 06:47 pm
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buenaventura.com
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Source: Business Wire
LIMA, Peru--(BUSINESS WIRE)-- Compañia de Minas Buenaventura S.A.A. (“Buenaventura” or “the Company”) (NYSE:BVN; Lima Stock Exchange:BUE.LM), Peru’s largest publicly-traded precious metals mining company, today announced results for the second quarter (2Q18) and six-month (6M18) period ended June 30, 2018. All figures have been prepared in accordance with IFRS (International Financial Reporting Standards) on a non-GAAP basis and are stated in U.S. dollars (US$). Second Quarter 2018 Highlights: 2Q18 EBITDA from direct operations was US$ 88.4 million; a 58% increase compared to US$ 56.0 million reported in 2Q17. 2Q18 Adjusted EBITDA (including associated companies) reached US$ 191.1 million; a 73% increase compared to US$ 110.2 million in 2Q17. 2Q18 Net Income was US$ 41.3 million, compared to a negative US$ 6.2 for the same period in 2017. Buenavent
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