Brief: Schaffer Corporation Posts FY Statutory Net Profit A$26.2 Mln

Schaffer

24/08/2022 02:43

Aug 24 (Reuters) - Schaffer Corporation Ltd  SFC.AX :
    * FY STATUTORY NET PROFIT A$26.2 MILLION VERSUS A$41.0
MILLION
    * APPROVED A FULLY FRANKED A$0.45 PER SHARE FINAL DIVIDEND
    * FY REVENUE A$170.4 MILLION VERSUS A$196.3 MILLION
    * EXPECT DELTA TO RETURN TO PROFIT FOR FIRST HALF
    * PROFITABILITY FOR 1H23 IS LIKELY TO BE SIMILAR TO 1H22
    * IF CURRENCY RATES FOR 1H23 WERE SIMILAR TO 1H22,
PROFITABILITY
WOULD BE HIGHER THAN 1H22
    * CURRENT AND LONGER-TERM PROSPECTS OF AUTOMOTIVE LEATHER
DIVISION
REMAIN STRONG

Source text for Eikon:  ID:nASX7Sq70R 
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