CAPITAL MARKETS

BHP's $9.2B interim profit no surprise

DELIVERING an interim profit of $US9.94 billion ($A9.21 billion), about on par with market expectations, the world’s largest miner was not immune to inflationary pressures which wiped $401 million from its bottom line, while impacts of the strong Aussie dollar further reduced earnings by $632 million.

MiningNews.Net
BHP's $9.2B interim profit no surprise

The half-year result compares to a profit of $10.7 billion in the corresponding period of last year and signals BHP’s first decline in earnings since the global financial crisis in 2008, thanks mainly...

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