Business

BHP made attributable profit of $8 billion for 2020 financial year

According to BHP Chief Executive Officer, Mike Henry, BHP delivered a strong set of results for the 2020 financial year. BHP made an attributable profit of $8 billion and an underlying attributable profit of $9.1 billion compared to last year. Profit from operations of $14.4 billion and an underlying EBITDA of $22.1 billion at a margin of 53%, with unit costs reduced by 9% at major assets due to foreign exchange produced, better productivity and operating stability.

Source: SteelGuru