Brief: Lynch Group Now Sees FY NPATA Of About A$25 Million
24/05/2022 02:26
May 24 (Reuters) - Lynch Group Holdings Ltd LGL.AX :
* SEES NPATA NOW EXPECTED TO BE APPROXIMATELY A$25 MILLION
FOR FY
* EXPECTS EASING OF FREIGHT RATES TO REFLECT INCREASED
AIRFREIGHT
CAPACITY TO COMMENCE DURING 1H FY23
* TEMPORARY SUPPLY SIDE CAPACITY CONSTRAINTS AND CHINA
LOCKDOWN
IMPACTS EXPECTED FOR FY22
* EXISTING DIVIDEND POLICY OF AT LEAST 50% OF ANNUAL NPATA
NOT
EXPECTED TO CHANGE BASED ON OUTLOOK
Source text for Eikon: ID:nASX1KM6fY
Further company coverage: LGL.AX
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