BHP News: BHP shares fall as China slowdown drives HY profit slump - 21st Feb 2023, 6:28am

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By Ambar Warrick

Investing.com--Shares of BHP Group Ltd (ASX:BHP) fell on Tuesday after the Anglo-Australian miner logged a sharp decline in its half-year profit on slowing demand in China and weakening iron ore prices, although it posited a positive outlook for the coming months.

BHP fell 2.2% to A$47.390, coming close to its lowest level since early-January. The miner’s underlying profit attributable for the six months to December 31 was $6.6 billion, compared with $9.7 billion from the...

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