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Endeavour Mining Reports Pre-tax Profit In Q4

Endeavour Mining plc (EDVMF.PK) Thursday reported earnings before taxes of $99 million for the fourth quarter compared with loss of $82 million in the same quarter a year ago.

The company posted net loss of $119 million or $0.49 per share, lower than $160 million or $0.65 per share in the prior year.

Excluding one-time items, adjusted net earnings from continuing operations increased to $110 million o $0.45 per share from $42 million or $0.17 per share last year.

Revenue for the quarter grew to $941 million from $579 million in the previous year.

by RTTNews Staff Writer

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