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BHP Billiton Returns to Profitability in Fiscal Year Ended June 2017

iconAug 23, 2017 10:54
Source:SMM
BHP Billiton Ltd.’s net profit was $5.89 billion in the fiscal yaer ending June 2017, compared to $6.39 billion losses in the previous fiscal year.

SHANGHAI, Aug. 23 (SMM) - BHP Billiton Ltd.’s net profit was $5.89 billion in the fiscal yaer ending June 2017, compared to $6.39 billion losses in the previous fiscal year.

Jianxin Mining Net Profit Jumps 3-Fold in H1 2017

The company’s income increased from $30.9198 $38.29 billion, a rise of 24%.

Yunnan Luoping Zinc & Electricity Posts 133% Rise in Net Profit in First Half of 2017

Meanwhile, its net debt decreased $9.8 billion to $16.32 billion due to strong cash flows. 

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