Australia's Bisalloy Steel falls most in 6 months on dour results, dividend

Bisalloy Steel

28/08/2026 06:42

** Shares of Bisalloy Steel BIS.AX fall as much as 10.9% to A$4.250, their biggest intraday pct loss since February 27
** Stock down 8.6% in the week so far and is set for its weakest weekly session in five and a half months
** The steelmaker posts FY26 profit attributable of A$16.8 million ($12.10 million), down 14.4% Y/Y
** Co declares final dividend of 13 AU cents per share vs 16.5 AU cents per share last year
**YTD, stock down 8.6%
       
     
($1 = 1.3883 Australian dollars)

(Reporting by Paridhi Minda in Bengaluru)
((Paridhi.MindaSneha.Kumar@thomsonreuters.com;))