Rio Tinto’s 2018 net income rises 55.6% y/y to USD13.6 billion

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Financial results

Aluminium segment sales up 11% y/y

Rio Tinto has reported 55.6% year-over-year (y/y) increase in net income to USD13.6 billion in the financial year ended 31 December, the company said in a press release on 27 February. Consolidated sales revenue increased marginally by 1.2% y/y to USD40.5 billion. Rio Tinto reported operating profit of USD17.8 billion, up 25.1% y/y.

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