BHP profit falls 29%

BHP Billiton has posted a full-year net profit after tax of $US10.9 billion ($A12.2 billion), down 29.5%, after $922 million of exceptional items, which included sizeable impairments on the Nickel West and Worsley assets.

BHP profit falls 29% BHP profit falls 29% BHP profit falls 29% BHP profit falls 29% BHP profit falls 29%

The high Australian dollar and weak nickel and alumina prices caused the company to recognise a $1.2 billion impairment at Nickel West and a $1.6 billion impairment on the Worsley assets.

loader