TRONOX: Third quarter revenue of $804 million

Recently, Tronox released its third-quarter financial report, achieving revenue of US$804 million, a 21% increase from the previous year and a 2% decrease from the previous quarter.

Operating profit was $54 million, net loss was $25 million; adjusted net loss was $21 million (non-GAAP). GAAP diluted loss per share was $0.16; adjusted diluted loss per share was $0.13 (non-GAAP).

Adjusted EBITDA was $143 million and adjusted EBITDA margin was 17.8%(non-GAAP).

Capital expenditures of US$101 million were invested during the quarter, mainly for previously announced mining expansion projects in South Africa. US$61 million will be returned to shareholders in the form of dividends for the nine months ended September 30, 2024.