TC

26/02/2015 17:12

KAZ Minerals (00847) year loss widens to US$2.36bn; no div

    KAZ Minerals PLC (00847) said its loss attributable to equity holders for the year ended 31 December 2014 widened to US$2,362 million from US$2,030 million for the previous financial year.
  Its basic and diluted loss per share was US$5.28.
  The revenue from continuing operations amounted to US$846 million, a decrease of 9.1% from a year earlier. EBITDA (excluding special items) from continuing operations was broadly unchanged at US$355 million in 2014 as lower costs offset the 9% fall in revenues.
  No final dividend will be distributed.
  KAZ Minerals has applied for the resumption of trading in shares tomorrow morning.

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