SYDNEY [AAP] Diversified miner South32 has lifted its full-year net profit eight per cent to $US1.33 billion ($A1.81 billion), helped by cost reductions and stronger commodity prices.

Its underlying earnings for the year to June 30 were up 16 per cent to US$ 1.33 billion, while revenue was up nine per cent to US$ 7.55 billion.

South32 will pay a fully-franked final dividend of 6.2 US cents per share, down from 6.4 US cents a year ago.

 

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