News: CSR Australia's CSR books 14 pct drop in FY profit

May 8 (Reuters) - Australian building materials supplier CSR Ltd (CSR) on Wednesday posted a 14 percent decline in annual net profit, hurt by lower earnings from its aluminium business.

Net profit excluding significant items from continuing operations for the full-year ended March 31 came in at A$181.7 million ($127.4 million), compared with A$210.6 million a year ago.

($1 = 1.4261 Australian dollars)