Glencore FH 2009 Profits Dive
Glencore International's first half 2009 gross profits have more than halved from USD3.09 billion to USD1.44 billion. Net income was down from USD2.63 billion to USD1.12 billion.
Turnover was also down sharply from USD86 billion to USD45 billion, say the metals, minerals, oil, coal and agricultural products trading house.
"The first half of 2009 contrasted markedly with the same period last year," they say.
That's still enough for a few bottles of bubbly at the shareholders meeting mind.
Full figures here
Turnover was also down sharply from USD86 billion to USD45 billion, say the metals, minerals, oil, coal and agricultural products trading house.
"The first half of 2009 contrasted markedly with the same period last year," they say.
That's still enough for a few bottles of bubbly at the shareholders meeting mind.
Full figures here