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 Copyright KIM KYUNG-HOON(Reuters)
By Reuters
Share this articleComments
Share this articleClose Button

(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)

Share this articleComments

You might also like