Teck Assets quarterly income falls 5.4%

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Teck Assets quarterly income falls 5.4%

Oct 24 (Reuters) - Canadian miner Teck Assets Ltd TECKb.TO, TCK.N reported third-quarter income on


Oct 24 (Reuters)Canadian miner Teck Assets Ltd TECKb.TO, TCK.N reported third-quarter income on Thursday that fell 5.4%, damage by decrease costs for its merchandise, notably steelmaking coal.

On an adjusted foundation, the corporate’s revenue fell to C$403 million ($308.15 million), or C$0.72 per share, within the quarter ended Sept. 30, from C$466 million, or C$0.81 per share, a 12 months earlier. (http://bit.ly/2Pc6nkW)

The corporate, which mines copper and zinc, stated income fell to C$3.04 billion from C$3.21 billion a 12 months earlier.

($1 = 1.3078 Canadian {dollars})

(Reporting by Rishika Chatterjee and Arunima Kumar in Bengaluru)

(([email protected]; inside U.S. +1 646 223 8780, outdoors U.S. +91 99 7277 8938; Reuters Messaging: [email protected]))

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