News: MLT Milton Corp Ltd Posts HY Profit After Tax Attributable

Jan 23 (Reuters) - Milton Corp Ltd (MLT) :

• HY PROFIT AFTER TAX ATTRIBUTABLE DOWN 0.6% $70.2 MILLION
• HY OPERATING REVENUE $72.3 MILLION, DOWN 0.3%
• DECLARES FULLY FRANKED INTERIM DIVIDEND OF 9.0 CENTS PER SHARE
• EXPECT CHALLENGING CONDITIONS WILL CONTINUE FOR DIVIDEND GROWTH IN SHORT TERM AND REMAIN CAUTIOUS ABOUT DIVIDEND INCOME FOR FY
• SECOND HALF 2020 UNDERLYING PROFIT CURRENTLY EXPECTED TO DECLINE ON PCP
• EXPECT EARNINGS, DIVIDEND GROWTH & RETURNS FOR THE RETAIL BANKING SECTOR WILL REMAIN CHALLENGED IN THE MEDIUM TERM
• SECOND HALF NET PROFIT AFTER TAX, WHICH INCLUDES SPECIAL DIVIDENDS, IS ALSO EXPECTED TO DECLINE