AT A GLANCE: Teck's revenues, profits hit record in Q3 on high commodity prices; zinc output down

October 28, 2021 / www.metalbulletin.com / Article Link

A summary of Canadian metal producer Teck Resources' unaudited third-quarter results, as announced by the company on Wednesday October 27.

In brief

 Teck's adjusted earnings before income, tax, depreciation and amortization (Ebitda) for the third quarter was C$2.1 billion ($1.69 billion), more than triple the Ebitda of the year-earlier period at C$638 million. The Canadian company's gross profit also grew to a new record of C$1.6 billion in the September quarter, up from C$291 million in the same period of 2020.Teck attributed the strong results to high commodity prices and a strong performance...

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