Brief: Lynch Group Says FY Npata Of A$24.7M

Lynch group

24/08/2022 02:39

Aug 24 (Reuters) - Lynch Group  LGL.AX :
    * FY NPATA OF A$24.7M
    * FULLY FRANKED FINAL DIVIDEND OF 6.0 AU CENTS PER SHARE
DECLARED
    * REVENUE GROWTH EXPECTED TO CONTINUE ACROSS BOTH AUSTRALIA
AND
CHINA IN FY23
    * FY REVENUE OF A$366.5M, 10.7% UP ON FY21
    * DEMAND IN CHINA EXPECTED TO CONTINUE TO OUTSTRIP SUPPLY
GOING
FORWARD
    * MARGINS IN AUSTRALIA ARE EXPECTED TO GRADUALLY IMPROVE
FROM FY22
LEVELS THROUGHOUT FY23

Source text for Eikon:  ID:nASXbXzblr 
Further company coverage:  LGL.AX 

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