February 13, 2019 / 10:20 PM / a month ago

Australia's South32 posts 18 pct jump in half-year profit

Feb 14 (Reuters) - The world’s largest manganese miner South32 Ltd on Thursday posted an 18 percent rise in half-year underlying profit as a surge in metallurgical coal output and stronger commodity prices helped boost its bottom-line.

South32 posted $642 million in underlying profit for the six months ended Dec. 31, compared with $544 million a year earlier. (Reporting by Rashmi Ashok in Bengaluru Editing by Phil Berlowitz)

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