BHP profit surge hit by $US5.2b impairments

Peter KerResources reporter

Updated Aug 21, 2018 – 11.52am, first published at Aug 20, 2018 – 10.37am

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BHP has reported a 33 per cent rise in underlying profits but recorded much higher impairments and charges than expected.

The miner reported an $US8.93 billion ($12.2 billion) underlying profit, below the $US9.18 billion expected by analysts.

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