Feb 21 (Reuters) - BHP Group Ltd reported a
32.1% drop in its first-half profit on Tuesday, as a stringent
zero-COVID-19 policy in top consumer China weighed on iron ore
prices and surging inflation led to higher production costs.
The world's largest listed miner said underlying profit
attributable from continuing operations was $6.60 billion for
the six months ended Dec. 31, compared with $9.72 billion a year
earlier. That missed a Vuma Financial estimate of $6.82 billion.
BHP declared an interim dividend of $0.90 per share,
compared with $1.50 per share declared a year earlier.
(Reporting by Sameer Manekar and Himanshi Akhand in Bengaluru;
Editing by Jonathan Oatis)
Himanshi.Akhand@thomsonreuters.com;))
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