Cargill's core profit reached $10.1 billion in the first half of the year, a growth of 86%
2026-08-05 14:52:02
According to CoinMeta, Glencore announced its financial results showing that the company's core profit for the first half of the year was $10.1 billion, an increase of 86% compared to the same period last year. The company benefited from rising prices of core commodities and the outstanding performance of its trading division. The global commodity markets experienced severe fluctuations due to the war in Iran, which led to soaring energy prices and brought additional revenue to Glencore. Glencore stated that it will return an additional $1.5 billion to shareholders, including a supplementary dividend of $1 billion and a share repurchase of $500 million. In addition, copper prices reached record highs in the first half of the year, driven by factors such as the rapid development of the artificial intelligence industry and the impact of trade tariffs.
Source:Jin10 Data
This content is for market information only and does not constitute investment advice.
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