CAPITAL MARKETS

BHP results a miss due to impairments

BHP’s full-year results have fallen short of expectations as a result of higher impairments.

BHP CEO Andrew Mackenzie

BHP CEO Andrew Mackenzie

The company posted an attributable profit of US$3.7 billion, down by 37%. The result included an exceptional loss of $5.2 billion related to the impairment of US onshore assets, US tax reform and the Samarco...

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