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

February 18, 2020 08:40 PM AEDT | By Team Kalkine Media

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

Companyâs 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.
Companyâs 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 18^th 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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