SYDNEY, Aug 22 (Reuters) - Australia's BlueScope Steel Ltd (BSL) said Monday its annual profit more than doubled, owing to stronger domestic demand and a weaker Australian dollar.
The company said that underlying annual profit for the year to June 30 rose 119 percent to A$293.1 million, compared to $134.1 million for the corresponding period a year ago. This falls just short of the A$300.74 million profit anticipated by 11 market analysts polled by Thomson Reuters.
Sales grew by 8 percent to A$9.2 billion. BlueScope announced a final dividend of 3 cents, the same as last year.
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Last
$22.23 |
Change
-0.060(0.27%) |
Mkt cap ! $9.750B | |||
| Open | High | Low | Value | Volume |
| $22.00 | $22.26 | $22.00 | $20.85M | 940.1K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1741 | $22.12 |
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| Price($) | Vol. | No. |
|---|---|---|
| $22.29 | 949 | 2 |
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| BSL (ASX) Chart |