SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : BHP Billiton (BHP)
BHP 54.65-2.7%3:53 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: JakeStraw8/24/2005 7:58:29 AM
   of 62
 
BHP Billiton FY net profit soars 89%, tops forecast
biz.yahoo.com

Wednesday August 24, 2:22 am ET
By Aude Lagorce

LONDON (MarketWatch) -- Mining company BHP Billiton PLC on Wednesday said net profit for the fiscal year ended June 30, 2005 soared 89.3% to $6.398 billion. Earnings before interest and taxes rose 70% to $9.330 billion, higher than the $9 billion forecast of Charles Stanley analysts. Sales for the period increased 27.5% to $31.8 billion, due to stronger commodity prices and increased volumes. The miner posted a final dividend up 52.6% to 14.5 cents, bringing the dividend for the year to 28 cents a share compared to 26 cents a share a year ago. Looking ahead, BHP said it believes China will remain a large consumer of raw materials. "We continue to expect the global economy to experience an above-trend growth rate this year, thereby providing a sound underpin for commodity demand," the group concluded.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext