{
    "success": true,
    "data": {
        "id": 1116683,
        "msgid": "freeport-profit-quadruples-1447893297",
        "date": "2001-04-19 00:00:00",
        "title": "Freeport profit quadruples",
        "author": null,
        "source": "REUTERS",
        "tags": null,
        "topic": null,
        "summary": "Freeport profit quadruples NEW ORLEANS (Reuters): Freeport-McMoRan Copper & Gold Inc., operator of a major copper and gold mine in Indonesia, reported on Wednesday that its first-quarter net profit more than quadrupled as it sold more copper and gold and slashed its production costs. New Orleans-based Freeport said that earnings in the quarter ended March 31 were $38.0 million, or 26 cents per diluted share, compared with $9.2 million, or 6 cents, in the year-earlier period.",
        "content": "<p>Freeport profit quadruples<\/p>\n<p>NEW ORLEANS (Reuters): Freeport-McMoRan Copper &amp; Gold Inc.,<br>\noperator of a major copper and gold mine in Indonesia, reported<br>\non Wednesday that its first-quarter net profit more than<br>\nquadrupled as it sold more copper and gold and slashed its<br>\nproduction costs.<\/p>\n<p>New Orleans-based Freeport said that earnings in the quarter<br>\nended March 31 were $38.0 million, or 26 cents per diluted share,<br>\ncompared with $9.2 million, or 6 cents, in the year-earlier<br>\nperiod.<\/p>\n<p>Analysts were expecting earnings in the range of 20 cents to<br>\n32 cents, with a consensus of 24 cents, according to Thomson<br>\nFinancial\/First Call.<\/p>\n<p>The company reported that sales of copper by its Indonesian<br>\nmining unit, PT Freeport Indonesia, climbed to 333.4 million<br>\npounds from 305.9 million pounds in the first quarter of the<br>\nprevious year, while gold sales rose to 644,700 ounces from<br>\n444,200 ounces.<\/p>\n<p>Freeport&apos;s shares have gained more than 66 percent so far this<br>\nyear, closing on Tuesday at $14.23. They have easily outperformed<br>\nthe Standard &amp; Poor&apos;s 500 index, which has declined more than 10<br>\npercent this year.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/freeport-profit-quadruples-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}