Brief: CSR Ltd Says Aluminium Expected To Return To Profit In FY25

CSR

10/05/2023 02:31

May 10 (Reuters) - CSR Ltd  CSR.AX :
    * ALUMINIUM IS EXPECTED TO RETURN TO PROFIT IN YEM25
    * NET PROFIT AFTER TAX (NPAT BEFORE SIGNIFICANT ITEMS) FOR
YEAR OF
A$225 MILLION, UP 17%
    * CSR HAS MADE A STRONG START TO YEAR
    * FINAL DIVIDEND OF 20.0 AU CENTS PER SHARE DECLARED
    * ACTIVITY IN APARTMENT MARKET IS IMPROVING AS MORE PROJECTS
HAVE
COMMENCED THIS YEAR
    * FY STATUTORY NET PROFIT AFTER TAX OF A$219 MILLION VERSUS
A$271
MILLION
    * FY TRADING REVENUE OF A$2.6 BILLION WAS UP 13%
    * BEST ESTIMATE FOR YEM24 IS A LOSS IN RANGE OF A$5 MILLION
TO
A$15 MILLION FOR ALUMINIUM UNIT

Source text for Eikon:  ID:nASX8Vf1mK 
Further company coverage:  CSR.AX 

 ((Reuters.Briefs@thomsonreuters.com;))