Earnings Call Summary | SHERRITT INTL CORP(SHERF.US) Q1 2024 Earnings Conference
Earnings Call Summary | SHERRITT INTL CORP(SHERF.US) Q1 2024 Earnings Conference
The following is a summary of the Sherritt International Corporation (SHERF) Q1 2024 Earnings Call Transcript:
以下是雪裏特國際公司（SHERF）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Sherritt International reported Q1 2024 consolidated revenue of $28.8 million, a drop compared to Q1 2023's $58.6 million due to lower prices in nickel, cobalt, and fertilizers.
The company had an adjusted EBITDA of negative $6.5 million and their net loss from continuing operations was $40.9 million for Q1 2024.
However, there was an increase in available liquidity in Canada, currently at nearly $68 billion, reversing the negative trend from H2 2023.
雪瑞特國際報告稱，由於鎳、鈷和化肥價格下跌，2024年第一季度的合併收入爲2,880萬美元，與2023年第一季度的5,860萬美元相比有所下降。
該公司調整後的息稅折舊攤銷前利潤爲負650萬美元，2024年第一季度其持續經營淨虧損爲4,090萬美元。
但是，加拿大的可用流動性有所增加，目前達到近680億美元，扭轉了自2023年下半年以來的負面趨勢。
Business Progress:
業務進展：
Despite higher cost expectations, Sherritt's Mining division successfully reduced mining, processing and refining costs year-over-year in Q1 2024.
The new Slurry Preparation Plant was launched ahead of schedule and has been operating at design capacity from January 2024.
Their Power division is performing robustly, with anticipation for higher production levels.
Strategic moves are being made to strengthen power generation, including increasing gas supply in collaboration with Cuban partners.
Progress has been noted in leveraging technical expertise to unlock the processing value chain for the North American EV sector, as a move to counter Chinese dominance in refining battery materials.
儘管成本預期更高，但Sherritt的礦業部門在2024年第一季度成功降低了採礦、加工和煉油成本的同比增長。
新的漿料製備廠已提前啓動，並從2024年1月起一直按設計產能運行。
他們的動力部門表現強勁，預計產量會更高。
正在採取戰略舉措加強發電，包括與古巴夥伴合作增加天然氣供應。
在利用技術專長解鎖北美電動汽車行業的加工價值鏈方面取得了進展，這是對抗中國在提煉電池材料方面的主導地位。
More details: SHERRITT INTL CORP IR
更多詳情： SHERRITT INTL CORP IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。