Second half of FY23 looks soft compared with 2H22, even then reported profit boosted by a net $0.6m gain on impairment entries.
CTI sticking to their practice of not providing any meaningful comment on the outlook - hopefully there is an update for the AGM.
Further slippage on the completion date of Hazelmere new facility.
Dividend increase means shares trading an reasonable yield.
Other players talking of industry rationalisation - wonder whether CTI a predator or a target of a move to wrap up of some operators with regional strength?
Second half of FY23 looks soft compared with 2H22, even then...
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