Fortescue Metals Group (ASX:FMG) has revealed a 58 per cent slide in annual profits with a underlying net profit after tax US$1.1 billion.
Revenue was $US6.88 billion lower than the $US7.04 billion expected by analysts.
Underlying EBITDA of US$3.2 billion.
170 million tonnes of ore were shipped in the last year.
They are offering 12 cents per share fully franked to shareholders taking the total dividends for 2018 to 23 cents.
Shares in Fortescue Metals Group (ASX:FMG) closed down 1.17 per cent to $4.21 on Friday.