Teck profit falls 78 pct on lower coal and metal prices

Wed Oct 24, 2012 5:11am EDT
 
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Oct 24 (Reuters) - Teck Resources Inc, Canada's largest diversified miner, reported a 78 percent fall in third-quarter profit attributable to shareholders on lower coal and metal prices.

Net income fell to C$180 million, or 31 Canadian cents per share, from C$814 million, or C$1.38 per share, in the year-earlier period. Revenue fell 26 percent to C$2.5 billion.