BHP Group Plc profit for H1FY20 stood at USD4.9 billion

1 min read | February 18, 2020 09:40 AM GMT | By Team Kalkine Media

BHP Group Plc (LON:BHP) has released the results for the half-year ended 31 December 2019.

  • Company’s attributable profit stood at 9 billion, while the Underlying attributable profit was reported at USD 5.2 billion up 39 per cent from the same period last year.
  • Profit from operations of the company stood at USD8.3 billion, while the Underlying EBITDA was at US$12.1 billion at a margin of 56 per cent.
  • Company’s net operating cash flow was of USD7.4 billion, and free cash flow stood at USD 3.7 billion, which signifies higher iron ore prices and solid operating performance.
  • On 18th February 2020, at the time of writing, GMT 08:31 AM, BHP shares were trading at GBX 1,662.60, down by 29.00 points or 1.71% against the previous day closing price.

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