for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Canada's Turquoise Hill posts five-fold rise in quarterly profit

May 12 (Reuters) - Turquoise Hill Resources Ltd posted a more than five-fold rise in quarterly profit on Wednesday, as the Canadian miner was helped by increased production of copper and gold at its Oyu Tolgoi mine in Mongolia.

Rio Tinto-controlled Turquoise Hill said income attributable to owners of the company was $236.7 million, or $1.18 per share, for the three months ended March 31, compared with $45.2 million, or 22 cents per share, a year earlier. (Reporting by Arunima Kumar in Bengaluru; Editing by Shailesh Kuber)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up