SYDNEY: Anglo-Australian mining giant BHP Billiton said on Tuesday that its net profit in the year to June slumped 29.5 percent to $10.9 billion, citing slowing global growth and commodity price volatility.
The world’s biggest miner said that lower prices for its key resources, including a 17-percent dive in iron ore, wiped $8.9 billion from underlying earnings of $28.4 billion.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.