Anglo American PLC AAUKY reported a drop in its earnings for the first half of the year.
Anglo's sales declined 10% to $16.41 billion, while underlying operating profit dropped 38% to $3.72 billion.
Net profit attributable to shareholders fell 70% to $1.21 billion. However, analysts were expecting an underlying operating profit of $4 billion.
Anglo American shares closed at $15.47 yesterday.
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