You are here
Fortescue full-year earnings plunge 88% on iron ore collapse
BILLIONAIRE Andrew Forrest's Fortescue Metals Group Ltd reported full-year profit tumbled a more-than- expected 88 per cent after iron ore prices plunged on a global glut and a slowdown in China's steel industry.
Net income was US$317 million in the year ended June 30,
- CALL +65 6388 3838
- EMAIL email@example.com