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BRIEF-Noranda Income Fund Reports Qtrly Net Revenues $186.9 Million

Published 2019-04-25, 09:42 p/m
BRIEF-Noranda Income Fund Reports Qtrly Net Revenues $186.9 Million
NIF_u
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April 25 (Reuters) - Noranda Income Fund NIF_u.TO :

* REPORTS FIRST QUARTER 2019 FINANCIAL RESULTS

* QTRLY ZINC METAL PRODUCTION DECREASED 6% TO 64,654 TONNES FROM 68,861 TONNES IN Q1 2018

* QTRLY ZINC METAL SALES TOTALLED 64,646 TONNES, DOWN 7% FROM 69,636 TONNES IN Q1 2018

* QTRLY LOSS BEFORE INCOME TAXES WAS $23.1 MILLION

* SEES 2019 ZINC METAL SALES 270,000 TONNES TO 280,000 TONNES

* SEES 2019 ZINC METAL PRODUCTION TO BE BETWEEN 270,000 TONNES AND 280,000 TONNES

* QTRLY NET REVENUES $186.9 MILLION VERSUS $230 MILLION

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