HBL reported 2QCY19 EPS of PkR0.44 (down 76.4/78.2% QoQ/YoY) where sequential performance was dragged by realized loss on equities (PkR1.75bn), FX loss on
unhedged borrowing (~PkR3.6bn) and higher non-markup expenses (+9.0%).
A dealer said Vietnamese exporters holding large physical stocks of
unhedged coffee have been tempted back into the futures market to lock in prices before they fall further.
Adjusted EBITDAX,
Unhedged was $158.1M for the first quarter, down 5% year-over-year and down 29% sequentially.
The affirmation also takes into account the municipality's core responsibilities and high capital expenditure needs and its
unhedged large FX liabilities.
CEO and chairman remains steadfastly
unhedged on crude oil, and the company's third-quarter earnings benefited from it.
Gold Fields Limited (NYSE: GFI) (JSE: GFI), an
unhedged, globally diversified producer of gold with eight operating mines in Australia, Ghana, Peru and South Africa, has announced financial results for the year ended December 2017.
Only 9 percent of total debt is
unhedged, taking into account available US dollar cash and hedges allocated for debt.
Gold Fields Limited is an
unhedged, globally diversified producer of gold with eight operating mines in Australia, Ghana, Peru and South Africa with attributable annual gold production of approximately 2.0 million ounces.