Lauded BHP has work to do

THERE was much lauding of BHP’s FY2022 profit by analysts and the financial media. Much of it was deserved too, writes Barry FitzGerald.

Lauded BHP has work to do Lauded BHP has work to do Lauded BHP has work to do Lauded BHP has work to do Lauded BHP has work to do

BHP CEO Mike Henry

But the reality is that the 26% increase in underlying profit from US$16.98 billion to $21.31 billion is as they say, but a snapshot of history, one that reflected the benefit of a $9.