James Hardie Posts Surge In Q1 Profit

James Hardie Industries PLC JHX reported a strong rise in its first-quarter earnings. James Hardie's quarterly net profit surged to US$142.2 million, from US$68.5 million, in the year-ago period. Its underlying profit rose 19% to US$52.0 million. James Hardie shares closed at $42.41 on Friday.
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