全球电气化

Search documents
铁矿石出口承压 必和必拓(BHP.US)全年利润下降26%
Zhi Tong Cai Jing· 2025-08-19 00:24
Group 1 - BHP's annual profit decreased by 26% due to weak demand, particularly for iron ore and coking coal, with a basic distributable profit of $10.2 billion, aligning with analyst expectations [1] - Revenue dropped by $4.4 billion over the past 12 months, primarily due to falling prices of iron ore and coal, although rising copper prices partially offset this impact [1] - The company raised its net debt range from $5 billion to $15 billion to $10 billion to $20 billion [1] Group 2 - CEO Mike Henry expressed a mixed outlook on the global economic landscape but remains confident in the long-term fundamentals for steelmaking materials, copper, and fertilizers [1] - BHP's copper business saw growth during this period, becoming a key growth area as demand is expected to surge with global electrification and decarbonization efforts [1] - The ongoing real estate crisis has led to an oversupply of steel, negatively impacting iron ore demand and limiting price increases for coking coal [1] Group 3 - BHP indicated that the external operating environment for fiscal year 2025 is influenced by complex and evolving global conditions, with increased policy uncertainty affecting investment and trade flows [2]