Teck Q3 Profit Down 78%

Teck Resources Inc TCK reported a 78% drop in its third-quarter profit attributable to shareholders. Teck's quarterly net income declined to C$180 million, or 31 Canadian cents a share, versus C$814 million, or C$1.38 a share, in the year-ago period. Its revenue dropped 26% to C$2.5 billion. Teck shares closed at $30.75 yesterday.
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