RIO 0.35% $120.20 rio tinto limited

News: RIO BHP Group annual profit falls 37%

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    Aug 22 (Reuters) - BHP Group (BHP) on Tuesday reported a sharp drop of 37% in its annual profit, hit by declining prices for its key commodities, including iron ore, copper, and metallurgical coal.

    Underlying attributable profit for the year ended June 30 fell to $13.42 billion from $21.32 billion a year earlier, marginally missing a Refinitiv estimate of $13.89 billion.

    The world's largest listed miner declared a final dividend of $0.80 per share, down from $1.75 per share a year ago.

 
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