BHP tables US$6.4B loss in worst-ever year

摘要

BHP Billiton (NYSE: BHP) has posted the worst annual financial results since its inception in 2001, but CEO Andrew Mackenzie now says the "free fall" has likely passed for natural resource markets. The world's largest mining company saw its annual revenue fall over 30% to US$31 billion, which led to a US$6.4-billion net loss for the fiscal year ended June 30. The result included net impairments of US$7.7 billion, which were largely attributed to US$4.9 billion on U.S. energy assets and US$2.2 billion related to the deadly tailings spill at the Samarco joint venture in Brazil.