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Leighton Lowers Annual Profit Forecast

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Leighton Holdings Ltd (OTC: LGTHF) lowered its annual profit forecast by 25% to 38%.

Leighton now projects a full year underlying net profit of A$400 million to A$450 million and a first-half underlying net profit of A$100 million to A$150 million.

Leighton earlier expected a full year underlying net profit of A$600 million to A$650 million.

 

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