According to the company's report sent to the stock market, the company's net loss for the fourth quarter increased, going from a loss of $2.58 million in Q4 2021 to a loss of $41.7 million in Q4 2022, taking into account a marginal increase in Minera Autlan sales and a significant increase in expenses.
Purchases in Q4 2022 were $135.9 million overall, an increase of 0.4% from Q4 2021. Operating costs rose 41.7 percent to $26.4 million while cost of sales climbed 9.0 percent to $130.7 million. As a result, the running losses rose 6.4 times, or 544 percent, to $21.3 million.
Autlan's EBITDA for the fourth quarter of 2022 fell by 37.8% to $28.1 million, and as a result, the company's EBITDA margin dropped by 12.7 percentage points, from 33.3 percent in the previous quarter to 20.6 percent in the following.
Autlan reported a net gain of $27.1 million for the full year 2022, an increase of 653% from the $3.6 million of 2021.
The materials and information on this article have been prepared or assembled by Viet Nam Steel and are intended for informational purposes only
