Teck Resources Q2 profit falls 21 pct due to lower prices

Thu Jul 23, 2015 5:11am EDT
 
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July 23 (Reuters) - Teck Resources Ltd , the largest producer of steel-making coal in North America, reported a 21 percent fall in quarterly profit, hurt by lower commodity prices.

Net profit attributable to shareholders fell to C$63 million ($48.6 million), or 11 Canadian cents per share, for the second quarter ended June 30, from C$80 million, or 14 Canadian cents per share, a year earlier.

The Vancouver-based miner's revenue fell slightly to C$2.00 billion. ($1 = C$1.2971) (Reporting by Anet Josline Pinto in Bengaluru and Nicole Mordant in Vancouver; Editing by Gopakumar Warrier)