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James Hardie Industries SE (ASX:JHX) has swung from a loss to a profit in the first half of the 2012 financial year and says it’s on track to meet full year guidance.
The building materials manufacturer posted a net profit of $126.5 million in the six months to the end of September, compared to a loss of $314 million the year before.
Excluding one-off items, normalised profit increased 32 per cent to $80.2 million.
James Hardie says its Asia Pacific businesses are performing well despite being challenged by a weaker operating environment.
An interim dividend of $US0.04, unfranked, has been declared.
In the 2011 financial year James Hardie Industries widened its full year net loss to $336 million.
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Last
$30.14 |
Change
0.350(1.17%) |
Mkt cap ! $12.96B | |||
| Open | High | Low | Value | Volume |
| $30.15 | $30.86 | $30.02 | $42.60M | 1.406M |
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| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| JHX (ASX) Chart |