Teck Q3 profit rises on higher demand for steelmaking coal

Thu Oct 24, 2013 5:16am EDT
 
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Oct 24 (Reuters) - Teck Resources Ltd, Canada's largest diversified miner, reported a rise in third-quarter profit on higher steelmaking coal sales.

Net profit rose to C$267 million ($257.00 million), or 46 Canadian cents per share, from C$256 million, or 44 Canadian cents per share, a year earlier. Revenue rose marginally to C$2.52 billion.

Adjusted profit fell to C$252 million, or 44 Canadian cents per share, from C$425 million or 73 Canadian cents per share, a year earlier.