Milpo announced earnings and operating results for the third quarter and nine months ended September 30, 2017. For the third quarter, the company reported revenue from ordinary activates of USD 223,853,000 against USD 206,763,000 a year ago. Operating profit was USD 79,459,000 against USD 73,773,000 a year ago. Profit before income and mining taxes was USD 75,949,000 against USD 68,856,000 a year ago. Profit attributable to the parent company was USD 52,906,000 or USD 0.043 per basic and diluted share against USD 51,094,000 or USD 0.040 per basic and diluted share a year ago. EBITDA was USD 96.8 million against USD 91.9 million a year ago. This increase was mainly associated with the higher metal prices the company analyzed before that had a USD 45 million positive effect that compensated the lower production volume in terms of fine zinc and lead content in the 3 mining units, as just explained.

For the nine months, the company reported revenue from ordinary activates of USD 627,773,000 against USD 537,230,000 a year ago. Operating profit was USD 208,658,000 against USD 156,271,000 a year ago. Profit before income and mining taxes was USD 194,552,000 against USD 141,649,000 a year ago. Profit attributable to the parent company was USD 141,334,000 or USD 0.111 per basic and diluted share against USD 107,388,000 or USD 0.082 per basic and diluted share a year ago. Net cash flows generated by operating activates were USD 78,067,000 against USD 153,573,000 a year ago. Purchase of property, plant and equipment was USD 23,391,000 against USD 37,554,000 a year ago. Purchase of intangible assets were USD 267,000 against USD 17,029,000 a year ago. EBITDA was USD 263.9 million against USD 212.6 million a year ago.

For the third quarter, the company reported zinc production of 50,388 fmt against 67,436 fmt a year ago. Copper production was 11,869 fmt against 9,751 fmt a year ago. Lead production was 10,934 fmt against 13,648 fmt a year ago. Silver contents was 1,835,369 fmt against 2,150,123 fmt a year ago. Gold contents (Pasco) was 6,345 fmt against 6,502 fmt a year ago.
For the nine months, the company reported zinc production of 156,667 fmt against 195,807 fmt a year ago. Copper production was 33,266 fmt against 30,653 fmt a year ago. Lead production was 32,144 fmt against 38,684 fmt a year ago. Silver contents was 5,402,411 fmt against 6,325,629 fmt a year ago. Gold contents (Pasco) was 21,715 fmt against 16,920 fmt a year ago.