August 19, 2008
BHP Billiton Posts Another Record Profit, Continues Projects Totaling More Than $100 Billion, an Industrial Info News Alert
Researched by Industrial Info Resources (Sugar Land, Texas) -- BHP Billiton (NYSE:BHP) (Melbourne, Australia) announced in a conference call on Monday that it has achieved an attributable profit of $15.4 billion, its seventh consecutive record, for the fiscal year ending on June 30. The company attributes the earnings to high prices and growing demand from emerging economies, posting annual production records in sectors including petroleum, copper, iron ore and manganese ore.
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SOURCE: Industrial Info Resources