CSR first-half profit lifts
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CSR (CSR) has reaffirmed guidance at the upper end of forecasts, assuming no significant deterioration in construction volumes or in Australian dollar aluminium prices, after posting a jump in half-year net profit.
The group's net profit after tax was $36.2 million in the six months to September 30, a 92% increase compared with a restated $18.9 million in the previous corresponding period.
Trading revenue was $877.1 million, a 2% increase compared with $859.8 million in the previous corresponding period.
CSR will pay an interim unfranked dividend of five cents per share.