Xstrata plc (XTA.L) said its full-year attributable profit plummeted to $661 million from $3.59 billion in the prior year. Attributable profit, excluding exceptional items, for 2009 dropped 41% to $2.77 billion from $4.7 billion a year ago.
Earnings per share for the period were $0.25 compared with $2.12 a year ago. Earnings per share before exceptional items dipped to $1.05 from $2.77 last year. The company said that the earnings per share results were restated after applying a rights issue bonus factor of 0.57.
Revenue for the full year declined 16% to $23.53 billion from $27.95 billion in the comparable period.
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