BHP's half year profit jumps 25%; misses forecasts

February 20, 2018 / 12:44 IST

FILE PHOTO: A BHP Billiton sign is visible behind a pile of iron ore at the company's loading facility in Port Hedland, Australia, May 30, 2008. REUTERS/Tim Wimborne/File Photo - RTX33SVE

The world's biggest miner BHP said on Tuesday its underlying half-year profit rose 25 percent, helped by robust commodity prices.

Underlying profit for the half year ended Dec. 31 rose to $4.05 billion from $3.24 billion a year ago. That missed a forecast of $4.30 billion, according to Thomson Reuters I/B/E/S.

The miner declared an interim dividend of $0.55 per share, up from $0.40 a share last year.

first published: Feb 20, 2018 11:23 am

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