By: Esmarie Swanepoel
Mining giant BHP Billiton on Tuesday said that its interim profit had nearly halved, as the prices of the group’s main commodities slumped in the past six months.
BHP posted a 47.4% year-on-year decline in group profit for the half-year ended December 31, to $4.27-billion, from $8.12-billion a year earlier. Revenue dropped by 11.9% year-on-year to $29.9-billion. →