Mining giant BHP Billiton Ltd said Tuesday that its full-year profit fell by 30 per cent to $11 billion on revenues that were 9 per cent lower at $66 billion.
The dual Sydney-London listed company said a decline in commodity prices had hit its bottom line in the financial year ending in June.
BHP projected a 10-per-cent lift in iron ore production in Australia in the financial year that began in July.
The share price closed at 36.54 Australian dollars, down 50 Australian cents or 1.35 per cent.