Antofagasta Posts Drop In Full-Year Profit

Antofagasta PLC ANFGY reported a drop in its full-year earnings. Antofagasta's net profit for the year declined 36% to $659.6 million, while its revenue slipped 11% to $5.97 billion. The company's EBITDA declined 30% to $2.70 million, while copper production surged 1.6%. Antofagasta also declared a final dividend of $0.861 per share. Antofagasta shares closed at $28.05 yesterday.