BREAKING NEWS

BREAKING NEWS

Global miner BHP Group reports first-half profit fell 8 percent

Global miner BHP Group reports first-half profit fell 8 percent
FILE PHOTO: BHP Billiton Chief Executive Andrew Mackenzie is silhouetted against a screen projecting the company's logo at a round table meeting with journalists in Tokyo, Japan June 5, 2017. REUTERS/Kim Kyung-Hoon -
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KIM KYUNG-HOON(Reuters)
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(Reuters) - The world’s biggest miner BHP Group said on Tuesday its first-half profit fell 8 percent because of production disruptions and a decline in commodity prices during the period.

Underlying profit from continuing operations for the six months ended Dec. 31 fell to $4.03 billion from $4.40 billion a year ago. That missed consensus estimates of $4.209 billion.

BHP declared an interim dividend of $0.55 per share, the same as last year.

(Reporting By Rushil Dutta in Bengaluru; editing by Christian Schmollinger)

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