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29 Apr
21:18

US' Warrior Met earnings slip in first quarter

US metallurgical coal supplier Warrior Met Coal saw its profits slide to one-fifth of their prior-year levels in the first quarter, Kallanish reports.  Warrior earned $21.5 million on sales of $221.34m in Q1, down from earnings of $110.4m on sales of $369.68m in Q1 2019.  In Q4 2019, Warrior earned $20.75m on sales of $198.05m.  “We were pleased to have achieved higher sales and production volumes for the first quarter compared to those outl…
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