27
Jul
15:18
Vale's net income falls in second quarter
The net income of Brazil`s Vale fell in the second quarter of 2017, the iron ore miner says in its quarterly results report monitored by Kallanish.
Vale`s net profit was $16 million, $1.11 billion less compared to the same period of 2016.
“I feel there is a lot of energy in the company to take performance a step further, building on the strengths of previous efforts. A strong focus on execution will continue to boost cash flows…
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