Rio profits plunge 80%

RIO Tinto’s net profit for the 2015 first half took a massive but unsurprising 82% hit.

Rio profits plunge 80% Rio profits plunge 80% Rio profits plunge 80% Rio profits plunge 80% Rio profits plunge 80%

Rio Tinto’s net profit for the 2015 first half took a massive but unsurprising 82% hit.

Profit slid to $US806 million ($A1.09 billion) from $4.4 billion in the 2014 first half.

That was profit attributable to the owners of Rio Tinto.