Global miner Anglo American’s South African subsidiary Kumba Iron Ore has announced its annual results for 2020. In the given period, Kumba Iron Ore’s net profit increased 39.9 percent to ZAR 29.84 billion ($2.04 billion) compared to ZAR 21.32 billion in the previous financial year, while the company’s total revenue rose by 24.6 percent to ZAR 80.10 billion ($5.48 billion) compared to ZAR 64.28 billion recorded in 2019, mainly as a result of higher prices and a weaker exchange rate, partially offset by lower sales volumes. In the given period, Kumba recorded an operating profit of $40.84 billion ($2.79 billion), compared to an operating profit of $28.81 billion in 2019.
In the given year, the company’s EBITDA rose by 37 percent year on year to ZAR 45.81 billion ($3.12 billion), driven by strong revenue growth, while its EBITDA margin rose to 57 percent in the given year, from 52 percent in 2019. The company has also reported ZAR 20.7 billion ($1.41 billion) free cash flow for the same period.
同时，在2020年，昆卡的产量下降了12.7％至37.0万吨，而其销售量在年内每年减少六倍至3970万吨。
该公司预计其生产和销售额在2021年的40-41万吨。
“昆卡送了一个纪录的EBITDA，同时保持了我们对健康和安全的承诺，并在我们导航的卓越条件下支持我们的社区，”Kumba首席执行官Homba Mkhwanazi说。该公司预计其2021年的资本支出将在108亿和ZAR 113亿左右之间进行。Kumba计划通过优化当前活动，将ZAR 3.6亿美元（2.4538亿美元）延长到2040年的苏什矿的生活。该公司还在Kolomela开发其Kapstevel Southine，同时继续在北开普省勘探计划。