BHP Billiton revenues fall by 7.5%

BHP Billiton has announced its financial results for the fiscal ending June 30, 2009. It noted revenues from its diamonds and specialty products, decreasing by 7.5 percent to $896 million. Net profits from operations decreased by 60 percent and amounted to $75 million.

At the end of the fiscal tenure, the mining company’s assets in its diamond and specialty products segment were worth $2.07 billion and liabilities worth $292 million. Its liabilities during last fiscal amounted to $270 million. Its capital expenditure amounted to $112 million in fiscal 2009, dipping from $123 million worth of capex in the previous fiscal.

The mining company owns 80 percent in the Ekati mine in the Northwest Territories of Canada.