AT A GLANCE: Trafigura H1 net profit up 27%; benefits from volatile markets

June 13, 2020 / www.metalbulletin.com / Article Link

A summary of Trafigura's results for the first half of its 2020 financial year, October 1, 2019 to March 31, 2020.

In summary:Net profit for the six-month period was up 27% to $542 million from $426 million a year earlier. There was a strong performance by both trading divisions (metals and oil) driven by significant volatility and dislocations in the global market following the Covid-19 pandemic. Group revenue for the period was slightly down from the corresponding period last year...

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