BHP News: BHP annual profit rises 2%, says open to higher debt for acquisitions - 27th Aug 2024, 8:29am

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(Reuters) - BHP Group reported a 2% rise in its annual underlying profit on Tuesday, as growth at its iron ore and copper businesses helped offset weaker coal prices.

The world's largest listed miner's fiscal 2024 profit was underpinned by a record iron ore output for a second straight year and resilient average realised prices for the steel-making commodity.

Underlying attributable profit for the year ended June 30 came in at $13.66 billion, beating a Visible Alpha consensus of $13.26 billion...

>>> Read more: BHP annual profit rises 2%, says open to higher debt for acquisitions
 
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