Teck Resources quarterly profit rises 38 percent

Tue Apr 26, 2016 5:15am EDT
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April 26 (Reuters) - Canadian miner Teck Resources Ltd reported a 38 percent rise in quarterly profit, helped by lower costs.

Net profit attributable to the company rose to C$94 million ($74 million), or 16 Canadian cents per share, for the first quarter ended March 31, compared with C$68 million, or 12 Canadian cents per share, a year earlier.

Revenue fell by 16 pct to C$1.70 billion.

($1 = 1.2638 Canadian dollars) (Reporting by Amrutha Gayathri in Bengaluru; Editing by Anupama Dwivedi)