Market Overview

BHP Billiton Posts Drop In H1 Profit

Share:
Related BHP
Market Update: Wednesday's Mid-Day Movers: U.S., Asian Markets Slow; Apple, Microsoft, Chipotle, IBM And More
Iron Ore, Steel Falling And Taking The Sector With It
Vale's Second Quarter Shows Strength (Seeking Alpha)

BHP Billiton (NYSE: BHP) reported a 58% drop in its first-half profit. The company also announced the retirement of its chief executive Marius Kloppers.

BHP Billiton's first-half profit declined to US$4.24 billion.

BHP Billiton shares closed at $80.46 yesterday.

Posted-In: profitEarnings News Management

 

Related Articles (BHP)

Get Benzinga's Newsletters