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We believe the future is increasingly clear and our strategy, portfolio, capabilities and approach to social value position us to play an important role in meeting the twin objectives of an accelerated energy transition, and continued economic development and improvement in living standards.
3 days ago · We believe the future is increasingly clear and our strategy, portfolio, capabilities and approach to social value position us to play an important role in meeting the twin objectives of an accelerated energy transition, and continued economic development and improvement in living standards.
Financial Performance. In 2023, BHP Group's revenue was $53.82 billion, a decrease of -17.33% compared to the previous year's $65.10 billion. Earnings were $12.92 billion, a decrease of -58.18%.
BHP’s global adjusted effective tax rate in FY2022 was 32.1 per cent, broadly in line with our average adjusted effective tax rate over the past decade of 33.3 per cent. Once royalties are included, our FY2022 rate increases to 38.9 per cent.
As BHP's newest commodity, potash is key to our long-term ambitions as we remain focused on essential resources the world needs to develop and decarbonise. As the largest investment in Saskatchewan's history, Jansen's economic contribution is significant.
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