Feb 14 (Reuters) - Cochlear Ltd (COH) :
- Cochlear ltd says half-year profit attributable to members A$111.367 million versus A$94.0 million last year
- For fy17, cochlear continues to expect net profit to be within a range of $210-225 million, an increase of around 10-20% on fy16
- Hy total revenue A$ 609.2 million versus A$558.1 million
- Cochlear continues to target a dividend payout ratio of around 70% of net profit
- Chinese central government tender units now expected to be below fy16 levels with next tender expected during q3 for second half 2017
- Expect research and development expenditure for fy17 to be similar to fy16
- Forecasting a weighted average AUD/USD fx rate of 75 cents for fy17 versus 73 cents in fy16
- Directors declared an interim dividend of $1.30 per security
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