BHP Billiton Posts Rise In H1 Profit

BHP Billiton (NYSE: BHP) reported a gain in its first-half profit.BHP's net profit for the period rose to US$8.11 billion, from a year-ago profit of US$4.43 billion. However, analysts were expecting a profit of US$7.04 billion. The company also raised its interim dividend by 3.5% to 59 U.S. cents per share.BHP shares closed at $68.32 on Friday.

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Posted In: EarningsNewsDividendsprofit