Glencore plc reports £1.36 billion of net loss in fiscal 2020.
The mining firms net profit comes in at £500 million in H2. Glencore proposes 8.62 pence per share of dividend in 2021. Glencore plc (LON: GLEN) said on Tuesday that it returned to profit in H2 of fiscal 2020. The company, however, concluded the financial year in loss due to the ongoing COVID-19 crisis, but still resumed dividend payments for 2021 on the back of hawkish performance in the second half. Glencore shares were reported about 3% up in premarket trading on Tuesday. The stock jumped m...
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Source: invezz.com