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Southern Copper Corporation Reports Net Income of $813.2 Million for Q1 2023

Southern Copper Corporation Reports Net Income of $813.2 Million for Q1 2023

Q1 2023 Revenue Reaches $2.79 Billion, Southern Copper Corporation Announces

By USInMinutes
Published - Jul 28, 2023, 02:43 PM ET
Last Updated - Jul 28, 2023, 02:43 PM EDT

Southern Copper Corporation (SCCO) a leading copper mining company, has released its Condensed Consolidated Financial Statements for the first quarter ended March 31, 2023. The company's report reveals its net income and revenue figures for the period, demonstrating its financial performance in a dynamic market.

Net Income

Southern Copper Corporation's net income for the first quarter of 2023 amounted to $813.2 million, marking a strong financial performance in the face of ongoing economic challenges. This figure represents an increase of $28.5 million, or approximately 3.6%, compared to the same period in 2022.

Revenue

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