Mining giant BHP Billiton Limited (BHP) reported an of US$7.76 billion up 31% The result beast boosted by record production from iron ore and lower tax...

CommSec

Online Stockbroker

Mining giant BHP Billiton Limited (BHP) reported an of US$7.76 billion up 31% The result beast boosted by record production from iron ore and lower tax payments. BHP's profit rose by 83% to US$8.1 billion. Its iron ore division profit was US$6.5 billion BHP's costs continued to decline thanks to lower tax and continued cuts in CAPEX. BHP is on track to meet its target of a 25% cut in FY14 CAPEX. Tighter capital management sees significant growth in free cash flow by US$7.8 billion in the period. Cash at end December $10,909 million, up from $5,667 million at end June 2013. BHP increased its interim dividend to US$0.59 a share, slightly less than the market had expected. Payable on 26 March 2014 Watch report here:


CommSec
Online Stockbroker
Online Stockbroker

CommSec is Australia's leading online broker. CommSec has been committed to providing the best in online trading since 1995. CommSec helps make informed investment decisions with comprehensive market research, free live pricing and powerful...

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.