Mexican Minera Autlan's net profit increases in Q2
Minera Autlan, a producer of ferroalloys and manganese in Mexico, announced its net profit reached around US$25 million tons, up by more than 1 time compared to the previous quarter, and it was also the highest level in the past 10 years.
In the same period, Minera Autlan’s net revenue increased by 12.5% year on year to US$100 million roughly, and its EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) had a year-on-year decrease of 6% to US$26 million roughly.
In the first half this year, Minera Autlan's net profit was around US$29 million, rising from US$25 million in the same period last year.
