---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-012464"
form_type: "8-K"
ticker: "SCCO"
cik: "0001001838"
company_name: "SOUTHERN COPPER CORP/"
filed_at: "2023-07-28T23:59:59+00:00"
generated_at: "2026-06-12T22:45:10.754146+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Southern Copper Q2 net income up 26.6% to $547.5M; EPS $0.71

## Summary
- Revenue $2,300.7M (-0.3% YoY) on lower copper (-10.9%) and zinc (-35.4%) prices.
- Net income $547.5M, up 26.6%; EPS $0.71 vs $0.56; EBITDA margin 48.5%.
- Copper production 227,533 tons (+9.2% QoQ); sales volumes +12.1% YoY.
- Operating cash flow 6M23 $1,982.3M, +75.3% from 6M22.
- Dividend of $1.00/share declared, payable Aug 23, 2023.

## SEC filing metadata
- accession: 0001558370-23-012464
- form_type: 8-K
- ticker: SCCO
- cik: 0001001838
- company_name: SOUTHERN COPPER CORP/
- filed_at: 2023-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001838/000155837023012464/0001558370-23-012464-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001838/000155837023012464/scco-20230727x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-012464
- JSON: https://secwatch.observer/filing/0001558370-23-012464.json
- Plain text: https://secwatch.observer/filing/0001558370-23-012464.txt

## Key facts
- Earnings Releases
  SOUTHERN COPPER CORP/ reported quarter ended June 30, 2023 results: net income $547.5 million.
  - Period: quarter ended June 30, 2023
  - Net income: $547.5 million
  - Result: reported results
  source text: ​ ​ ​ : ​ ​ -1375 ​ ​ ​ 27, 2023 ​ Despite an increase in sales volume for copper (+12.1%) and zinc (+12.9%) 2Q23 net sales were $2,300.7 million, slightly below 2Q22’s figure principally due to lower metal prices for copper (-10.9%, LME) and zinc (-35.4%) and to a decrease in sales volumes for silver (-8.9%).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001838/000155837023012464/0001558370-23-012464-index.htm
- Earnings Releases
  SOUTHERN COPPER CORP/ reported quarter ended June 30, 2023 results: net income $547.5 million.
  - Period: quarter ended June 30, 2023
  - Net income: $547.5 million
  - Result: reported results
  source text: ● 2Q23 net income was $547.5 million, which represents a 26.6% increase with regard to the $432.3 million registered in 2Q22.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001838/000155837023012464/0001558370-23-012464-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.