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Orica Full-Year Net Profit Drops 37%

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Orica Posts 4% Drop In H1 Net Profit, Declares Dividend

Orica Ltd (OTC: OCLDY) reported a 37% drop in its full-year net-profit.

Orica's net profit for the year declined to 402.8 million Australian dollars (US$418.6 million), versus A$642.3 million, in the year-ago period.

Its net profit excluding impairment charges rose 1.2% to A$650.2 million.

Orica shares closed at $26.15 on Friday.

Posted-In: profitEarnings News

 

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