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Nexa Resources S a  (NEXA)
    Sector  Basic Materials    Industry Metal Mining
   Industry Metal Mining
   Sector  Basic Materials
 

Energetic in double digits Top-line improvement at the Metal Mining company over the fourth quarter of 2022

Nexa Resources S A delivered fourth quarter of 2022 operating surplus of $359.219 million


Published Mar 21 2023
Goran Soko / CSIMarket.com Contributer


Aerial_open_mine_by_Steve_Jurvetson__[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Common company's income deteriorated, regardless of Revenue improvement in the fourth quarter of 2022 financial report, net profit per share plummeted by -56.98 % to $0.37 per share, while Revenue increased substantially by 15.708 % to $3.03 billion, from the comparable financial reporting period a year ago.

from the preceding financial reporting period from $0.00 per share, from $0.00 million.


Earnings of $76.394 million in the fourth quarter of 2022 fell by -51.06 % from $156.087 million in the corresponding period a year before. Nexa Resources S A shifted it's focus on improving sales in the fourth quarter of 2022, as a result net margin eased to 2.52%.
Operating earnings, fell -19.49% to $359.219 million, squeezing Nexa Resources S A's operating margin to 11.84%, from 17.02% in the fourth quarter of 2021. Studying more the financial numbers for the financial 12 Months 2022, Nexa Resources S A announced revenue of $3.03 billion and bottom-line of $76.39 million.

Metal Mining company voiced also, that Income per share faded by -56.98 % to $0.37 per share from $0.86 in the prior financial 12 Months , said as well, that revenue improved by 15.71 % from $2.62 billion a year ago.

Nexa Resources S A is expected to report next financial earnings on March 19, 2024.



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