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[TS] World Business Briefing | Australia/New Zealand: Australia: BHP Billiton Profit Soars 48%
By | February 15, 2006
BHP Billiton reports 48 percent jump in profit for latest six month period as soaring prices of iron ore, coking coal, and copper raised earning margins; net profit for six months through Dec 31 jumped to $4.36 billion; sales rose by one-fifth to $18.2 billion; company plans to buy back $2 billion of its own stock due to confidence in continued demand for iron ore and other metals; photo (M)…
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