trending Market Intelligence /marketintelligence/en/news-insights/trending/u847geGFPDMlytjwDPr6LQ2 content esgSubNav
In This List

MMG flags swing to US$113M profit in H1

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Infographic: The Big Picture 2024 – Energy Transition Outlook

Case Study

An Oil and Gas Company's Roadmap for Strategic Insights in a Quickly Evolving Regulatory Landscape

Blog

Essential IR Insights Newsletter Fall - 2023


MMG flags swing to US$113M profit in H1

MMG Ltd. said Aug. 14 that it expects to record a posttax net profit in the first half of approximately US$113 million, swinging from a loss of US$93 million in the year-ago period, based on a preliminary assessment of its financial results.

The company attributes the result to an improvement in its operating conditions with commodity prices appreciating in the current-year period, the addition of the Las Bambas copper mine in Peru to its operating portfolio, and increased production levels.