Feb 20 (Reuters) - Australia's BlueScope Steel (BSL) on Monday reported a 61% drop in its underlying net profit after tax for the half-year due to reduced prices for its signature product steel leading to lower inventories; in addition to weather and labour constraints.
Underlying net profit after tax for the six-months ended December fell to A$614.4 million ($421.91 million), as compared with A$1,573.4 million on the prior corresponding year. ($1 = 1.4562 Australian dollars)
News: BSL Australia's BlueScope Steel half-year net profit falls 61%
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