The net profit of the BHP Billiton increased by 14.2 percent in 2024-25 financial year, despite the decrease in sales revenue

Australian mining company BHP Billiton announced its financial results for the 2024-25 financial year, which ended on June 30.

, billion in the previous financial year, while the proceeds from the company's sales decreased by 7.9% in the annual calculus to $ 51.26 billion due to lower average prices for iron ore and coal.

Meanwhile, BHP Billiton reported EBITDA in the amount of $ 25.98 billion per year, decreasing by 10.5% compared to $ $ 29.02 billion in the previous year, while the profitability of EBITDA amounted to 53% for the whole year compared to 54% in the previous financial year.

as for the forecast of the iron ore mining company for 2025-26, it is expected that it will be from 284 million tons to 296 million tons ..