BHP News: BHP Group (BHP) FY23 Earnings Dip Y/Y on Low Prices - 22nd Aug 2023, 11:52pm

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BHP Group BHP reported underlying attributable profit from continuing operations of $13.4 billion for fiscal 2023 (ended Jun 30, 2023). The figure indicated a year-over-year slump of 37% mainly due to lower prices of iron ore, copper prices and metallurgical coal, as well as inflated costs (labor, diesel and electricity).

Underlying earnings per share came in at $2.65 compared with earnings of $4.71 per share in the prior-year period. Earnings per American Depositary Share (ADS) came in at $5.3...

>>> Read more: BHP Group (BHP) FY23 Earnings Dip Y/Y on Low Prices
 
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