Summary
Southern Copper Corporation (SCCO) reported on its 2014 fiscal year performance in its March 2, 2015 10-K filing. The company, a major integrated producer of copper, molybdenum, zinc, and silver, showcased its robust operational scale and strategic growth initiatives. Investors would have noted the company's strong position in the global copper market, underpinned by significant reserves and efficient production facilities. The filing also provided insights into the company's financial health and its commitment to expanding production capacity, which are critical factors for long-term shareholder value.
Financial Highlights
49 data pointsBeta
Financial Statements
Beta
| Revenue | $5.79B |
| Cost of Revenue | $2.84B |
| Gross Profit | $2.50B |
| SG&A Expenses | $103.40M |
| Operating Expenses | $3.56B |
| Operating Income | $2.23B |
| Net Income | $1.33B |
| EPS (Basic) | $1.61 |
| Shares Outstanding (Basic) | 828.20M |
Key Highlights
- 1SCCO is a leading integrated producer of copper, molybdenum, zinc, and silver, with significant global market share.
- 2The company possesses extensive proven and probable mineral reserves, providing a strong foundation for future production.
- 3Operational efficiency and cost management are key strengths, contributing to profitability even in fluctuating commodity price environments.
- 4Strategic investments in mine development and expansion projects are underway to enhance future production volumes.
- 5The company's diversified product mix offers some resilience against single commodity price volatility.
- 6SCCO demonstrates a commitment to sustainable practices and community engagement in its operating regions.