Australia's BlueScope Steel full-year profit tumbles 90%
17/08/2025 23:53
Aug 18 (Reuters) - Australia's BlueScope Steel BSL.AX reported a 90% drop in full-year profit on Monday, after logging an impairment charge for its coated products business and due to weak performance at its North America operations. The company posted reported net profit after tax of A$83.8 million ($54.55 million) for fiscal 2025, significantly lower than A$805.7 million reported in fiscal 2024. ($1 = 1.5361 Australian dollars) (Reporting by John Biju in Bengaluru; Editing by Chris Reese) ((John.Biju@thomsonreuters.com;))
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