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South32 moves from strength to strength

Half-year result for BHP spin-off has once more posed difficult questions for management

Chris Cann
South32 has been an operational success and as a result is having to decide how growing cash reserves will be spent

South32 has been an operational success and as a result is having to decide how growing cash reserves will be spent

While revenue was up by only 8% to US$3.2 billion, net profit after tax was $620 million, up from a loss of $1.7 billion in the same period of 2015 due to impairments. Earnings before interest, tax,...

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