Uranium & Fuel

Cameco’s Gross Profit Falls 32%, But Net Earnings See Big Jump

By David Dalton
11 February 2019

11 Feb (NucNet): Canadian uranium miner Cameco posted a 3% decrease in revenue to CAD2.09bn ($1.57bn, €1.39bn) in 2018, while gross profit fell 32% to CAD296m. Net earnings, however, jumped to CAD166m from a loss of CAD205m in 2017 and adjusted net earnings rose to CAD211m compared with CAD59m in 2017.

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