BHP Billiton Half-year Attributable Profit Jumps; Revenue Declines 17.5%; Economic Outlook Cautious - Quick Facts

BHP Billiton (BHP, BHP.AX, BBL, BLT.L) reported attributable profit for the half-year ended December 31, 2009, of US$6.13 billion, up 134.4% from US$2.6 billion in the same period last year.

Attributable profit, excluding exceptional items, for the period fell 7% to US$5.7 billion from year-ago period's US$6.13 billion.

Basic earnings per share was 110.3 US cents, versus 47.0 US cents in the last year period, whereas Basic earnings per share, excluding exceptional items, was 102.5 US cents, compared to 110.1 US cents in the previous year period.

Revenue for the half-year period declined 17.5% to US$24.57 billion from US$29.78 billion in the corresponding period last year.

Looking ahead, the company said it remain cautious about the speed and strength of the global economic recovery across the developed world.

by RTTNews Staff Writer

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