Fresnillo Posts Drop In H1 Profit

Fresnillo PLC FNLPF reported a fall in its pretax profit during the half year-ended June 30. Fresnillo's pretax profit for the period declined to $249.8 million, from $608.5 million, in the year-ago period. Its total revenue dropped to $925.9 million from $1.09 billion, while EBITDA fell to $486.3 million from $685.6 million. Fresnillo's net attributable profit dropped to $144.8 million from $368.8 million, while basic and diluted earnings per share fell to $0.200 from $0.514.