Anglo American Platinum Posts 2012 Loss

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Anglo American Platinum
AGPPY
posted a loss in the full year. Anglo American Platinum swung to a net loss of ZAR6.677 billion ($752.95 million), versus a year-ago net profit of ZAR3.59 billion. Its sales revenue declined to ZAR43.15 billion from ZAR51.48 billion. Anglo American Platinum's output in the fourth quarter dropped 29% y/y to 416,000 ounces. Anglo American Platinum shares closed at $8.40 on Friday.
Posted In: EarningsNewsloss
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