5 de septiembre de 2017 / 14:04 / en 3 meses

Codelco posts first half 2017 profit of over $1 bln

SANTIAGO, Sept 5 (Reuters) - Chilean state copper company Codelco produced less copper in the first half of 2017 than it did in the same period a year ago, but made a healthy profit as prices for the metal have improved significantly in recent months.

The company said on Tuesday it produced 798,000 tonnes of copper in the January-to-June period, down from 843,000 tonnes last year. During that period, the company posted a $1.023 billion pretax profit, versus a $97 million loss the first half of 2016.

Reporting by Fabian Cambero; Writing by Gram Slattery; Editing by Jeffrey Benkoe

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