secwatch.observer — SEC 8-K summary
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Issuer:     SOUTHERN COPPER CORP/ (SCCO)
CIK:        0001001838
Form:       8-K
Filed at:   2022-10-28T23:59:59+00:00
Accession:  0001104659-22-112560
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Southern Copper Q3 2022 net income $519M, EPS $0.67; dividend $0.50/share
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- Net sales $2,156.9M (-19.5% YoY); net income $519.0M (-40.2%); EPS $0.67 vs $1.12. Operating cash cost $1.03/lb (+77.6%).
- Copper production 230,522 tons (-6% QoQ); Cuajone recovery after 54-day illegal blockage. Operations expected to reach 94% of 2022 plan.
- Adjusted EBITDA $1,017.9M (-40.4% YoY); margin 47.2% vs 63.8% a year ago. Cash from ops $590.1M.
- Board declared $0.50/share dividend, payable Nov 23, record Nov 9. Capital investments $227.9M in quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001838/000110465922112560/0001104659-22-112560-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001838/000110465922112560/tm2229182d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-112560

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer