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(Updates with CEO comments, context)
Feb 21 (Reuters) - BHP Group Ltd on Tuesday reported a steeper than estimated 32% drop in profit for the first half, citing weak iron ore prices, but forecast a positive demand outlook on strengthening activity in China.
However, its interim dividend of 90 U.S. cents per share, while lower than last year's 150 cents per share, beat Vuma Financial's estimate of 88 cents.
"We are positive about the demand outlook in the second half of fiscal 2023 and into fi...
>>> Read more: UPDATE 2-BHP upbeat on demand outlook on China reopening, first-half profit drops 32%
Feb 21 (Reuters) - BHP Group Ltd on Tuesday reported a steeper than estimated 32% drop in profit for the first half, citing weak iron ore prices, but forecast a positive demand outlook on strengthening activity in China.
However, its interim dividend of 90 U.S. cents per share, while lower than last year's 150 cents per share, beat Vuma Financial's estimate of 88 cents.
"We are positive about the demand outlook in the second half of fiscal 2023 and into fi...
>>> Read more: UPDATE 2-BHP upbeat on demand outlook on China reopening, first-half profit drops 32%
