expects about $14 mill profit for year.

They reported a loss for the half of 33.85 million but expect about 14 mill profit for teh year after the divested busineses are off the books.

Review of Operations
Nylex Limited recorded a consolidated loss for the financial half-year after income tax expense and outside
equity interest items of $33.853m (2003: loss $23.978m). The result was affected by the losses associated
with the divestment and write-down of the automotive businesses during the period.
Prior to consideration of these divestment related losses the business recorded a consolidated net profit after
tax of $12.637m which compares favourably with the full year forecast of net profit after tax between
$14.400m and $15.700m.