BHP's Record-High Fiscal First Half

Thursday, Feb 24, 2011
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BHP BHP reported a 68% increase in adjusted first-half fiscal 2011 net profit to a record $9.6 billion, marginally below our forecast.


It has been 18 months since the miner last reported a similar result. This time iron ore and coking coal shone, offsetting a wallowing aluminum division and weak manganese. Oil and copper were also important.

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