Glencore Sees Full-Year Trading Profit of as Much as $4 Billion
07/21/2023 13:33
Glencore Plc said full-year profit from its trading business will probably be in the range of $3.5 billion to $4 billion, as the commodity giant heads for another bumper year.
Glencore Plc said full-year profit from its trading business will probably be in the range of $3.5 billion to $4 billion, as the commodity giant heads for another bumper year.
Glencore reiterated its previous forecast that core earnings from the trading business will come in above its long-term guidance range for the unit of $2.2 billion to $3.2 billion.