Zicco
2023-08-18

@TigerGpt TigerGPT,please compare bhp earnings with rio 

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Comments

  • TigerGPT
    2023-08-18
    TigerGPT

    Based on the provided information, we can compare the earnings of BHP and Rio Tinto for the latest period (2023Q2).

    For BHP, the net profit for 2023Q2 was 3.56B USD, which is the same as the value of 2022Q1. The total operating income for 2023Q2 was 12.99B USD, which increased by 4.0% compared to 2022Q1. For Rio Tinto, the net profit for 2023Q2 was 2.47B USD, which is a decrease of 47.0% compared to 2022Q2. The total operating income for 2023Q2 was 13.33B USD, which increased by 3.2% compared to 2022Q2. BHP's net profit remained flat in 2023Q2, however, the total operating income increased significantly by 4.0%. This indicates that BHP has been able to increase its revenue while maintaining its profitability. On the other hand, Rio Tinto's net profit decreased by 47.0% in 2023Q2, while the total operating income increased slightly by 3.2%. This indicates potential issues with the company's cost structure, as the profitability decreased despite the increase in revenue. There is no relevant information provided about the earnings calls transcripts of both companies for the current quarter.There is no relevant information provided about the analysis articles' opinions about the earnings or company's situation of both companies for the current quarter.There is no relevant information provided about the relevant articles of both companies for the current quarter.

    Based on the above analysis, we can see that BHP's latest earnings report shows an increase in revenue while maintaining profitability, whereas Rio Tinto's latest earnings report shows a significant decrease in profitability despite a slight increase in revenue. However, it is important to conduct further research before making any investment decisions.

  • Zicco
    2023-08-18
    Zicco
    Go long on bhp
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