Antinuclear

BHP Billiton posts first full-year loss, totalling $8.3b, dividend slashed

By business reporter Michael Janda BHP Billiton has posted a statutory net full-year loss of $US6.385 ($8.3 billion) on significant one-off write-downs.

It is the company’s first annual loss since BHP and Billiton merged 15 years ago.

The company was expected to post a $US5.9 billion ($7.7 billion) loss according to the average of 11 analysts’ estimates compiled by Bloomberg…..http://www.abc.net.au/news/2016-08-16/bhp-billiton-posts-massive-full-year-loss/7748302

August 17, 2016 - Posted by Christina Macpherson | General News