(Reuters) – BHP Group’s annual profit dipped 4.3% on Tuesday, as disruptions due to the COVID-19 pandemic overshadowed firm iron ore prices and signs of a rebound in demand from top consumer China.
Underlying profit attributable from continuing operations for the year ended June 30 fell to $9.06 billion from $9.47 billion a year earlier, missing estimates of $9.42 billion, according to Refinitiv IBES data.
The world’s biggest listed miner declared a final dividend of 55 cents per share, down from 78 cents a year earlier.
(Reporting by Shashwat Awasthi in Bengaluru and Melanie Burton in Melbourne; Editing by Shounak Dasgupta)
