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Vedanta Resources: 9-Month Results on Track
- Warut Promboon/Sentianung Longkumer
- Apr 19, 2018
- 1 min read
Vedanta Resources PLC (VED LN) (Vedanta) 9M FY18 results, ended last December, were within our expectation. Zinc and oil businesses contributed 77% of EBITDA driven by buoyant commodity prices. We expect the company’s EBITDA to continue improving in 2018 on favorable zinc and oil prices.
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