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Walter Energy posts smaller loss
2015年2月17日 / 下午12点47分 / 3 年前

Walter Energy posts smaller loss

Feb 17 (Reuters) - U.S. coal miner Walter Energy Inc reported a smaller fourth-quarter loss as it reined in expenses to make up for low coal prices.

Net loss narrowed to $128.1 million, or $1.83 per share in the quarter ended Dec. 31, from $174.3 million, or $2.79 per share, a year earlier.

Revenue fell 39.5 percent to $285.6 million, hurt by the drop in coal prices. (Reporting By Manya Venkatesh in Bengaluru)

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