Teck Resources (TCK) Reports Q2 EPS of $0.01

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Teck Reports Unaudited Second Quarter Results for 2016

July 28, 2016 5:01 AM EDT

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/28/16 -- All dollar amounts expressed in this news release are in Canadian dollars unless otherwise noted.

Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") reported profit attributable to shareholders of $15 million ($0.03 per share) compared with $63 million ($0.11 per share) a year ago. Adjusted profit attributable to shareholders was $3 million, or $0.01 per share, compared with $79 million, or $0.14 per share in 2015.

"While the commodity cycle continues to be challenging, we are starting to see some positive changes in the direction of zinc and steelmaking... More