BHP News: BHP Posts Record Annual Profit, Sees Chinese Demand Persisting - 16th Aug 2022, 6:07am

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By Ambar Warrick

Investing.com-- BHP Group Ltd (ASX:BHP), the world’s largest miner, logged a record underlying profit in fiscal 2022 as steady demand for metals in China drove strong sales of its Western Australian iron ore.

Underlying profit attributable for the year to June 30, 2022, jumped 26% to a record $21.32 billion, the miner said in a statement. BHP also declared a final dividend of $1.75 per share.

The strong results come on the back of robust demand for iron ore in China- BHP...

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