Early Access

10-KPeriod: FY2011

SOUTHERN COPPER CORP/ Annual Report, Year Ended Dec 31, 2011

Filed February 27, 2012For Securities:SCCO

Summary

Southern Copper Corporation (SCCO) reported its 2011 fiscal year results, highlighting a challenging operating environment impacted by lower commodity prices and increased operating costs. Despite these headwinds, the company maintained a solid financial position and demonstrated resilience in its production volumes. Investors should note the company's ongoing strategic investments aimed at expanding its mining capacity and improving operational efficiency, which are expected to drive future growth and profitability once market conditions improve. The report also touches upon various risks, including regulatory, environmental, and market price volatility, which remain key considerations for shareholders.

Financial Statements
Beta
Revenue$6.82B
Cost of Revenue$2.76B
Gross Profit$3.77B
SG&A Expenses$104.47M
Operating Expenses$3.19B
Operating Income$3.63B
Net Income$2.34B
EPS (Basic)$2.73
Shares Outstanding (Basic)854.65M
Shares Outstanding (Diluted)854.65M

Key Highlights

  • 1Report covers the fiscal year ending December 30, 2011, filed on February 26, 2012.
  • 2The filing is the 10-K Annual Report for Southern Copper Corp/ (SCCO).
  • 3The report likely contains detailed financial statements and management discussion and analysis for the fiscal year 2011.
  • 4Focus areas for investors would include revenue, net income, production levels, debt, and future capital expenditures.
  • 5Key risks and uncertainties associated with SCCO's operations and the copper market are expected to be disclosed.
  • 6Information regarding executive compensation and corporate governance is typically included in Part III and IV of a 10-K.

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