Teck Resources (TECK) Reports Q1 EPS of Cdn$0.17

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Teck Reports Unaudited First Quarter Results for 2020

April 21, 2020 1:37 AM EDT

VANCOUVER, British Columbia, April 21, 2020 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (Teck) reported adjusted EBITDA(1) (2) of $608 million for the first quarter of 2020 compared with $1.4 billion a year ago. Adjusted profit attributable to shareholders(1) (2) was $94 million ($0.17 per share) compared with $587 million ($1.03 per share) a year ago.

Our current focus is on managing the risks around COVID-19 and ensuring we have the necessary measures in place to safeguard our people and our local communities, said Don Lindsay, President and CEO. The pandemic has had a significant negative... More