BHP’s profit fises 2% as concerns on China demand increase

BHP Group, the world’s biggest miner, reported full-year profit edged up 2%, in line with analyst forecasts, even as China’s property market continued to weigh on its economy and demand for iron-ore.

Underlying attributable profit was $13.66-billion for the 12 months ended June 30, the Melbourne-based company said in filings on Tuesday.