BUZZ-Australia's Lynas Rare Earths falls on HY profit miss

Reuters
02-26
BUZZ-Australia's Lynas Rare Earths falls on HY profit miss

** Shares of Lynas Rare Earths LYC.AX fall as much as 5.8% to A$6.565

** Stock among top losers in the ASX 200 benchmark index .AXJO, which is down 0.2%

** Rare earths producer posts HY net profit after tax of A$5.9 million ($3.74 million), missing Visible Alpha consensus estimate of A$36.2 million

** Cites weak prices for metals due to subdued demand from China, higher operating costs

** Market conditions remain unpredictable, and Lynas' success will depend on its continued ability to balance growth ambitions with disciplined financial management - Jefferies

** Stock has risen 4.2% this year, as of 0101 GMT

($1 = 1.5763 Australian dollars)

(Reporting by Roshan Thomas in Bengaluru)

((Roshan.Thomas@thomsonreuters.com))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10