BHP records H1 net profit of US$6.1 bln
Wed, February 10 2010 17:08 | 332 Views
The world's biggest resources company said on Wednesday it had an attributable profit in the six months to December 31 of $US6.135 billion ($A6.99 billion), up from $US2.617 billion ($A2.98 billion) in the prior corresponding half.
BHP Billiton said strong sales volume growth on the back of demand recovery, particularly in iron ore, metallurgical coal and manganese, and good cost controls had helped partially offset the negative impacts of lower prices.
But the fall in commodity prices and a weak US dollar had adversely impacted earnings compared to the prior period.
Source:
Business in Asia Today - Feb.10, 2010
published by Asia Pulse
Editor: Ricka
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