.
James Hardie Industries SE (ASX:JHX) has won a court ruling that will see it gain more that $300 million from the Australian Taxation Office (ATO).
The building materials manufacturer announced at the end of last week, the High Court of Australia has dismissed the ATO’s application for special leave to appeal a Federal Court decision that favoured James Hardie.
The company advises that the ATO will now refund $248 million, plus interest estimated to be about $63 million.
Shares in James Hardie closed 2.83 per cent lower on Friday at $7.22.
In the first half of its 2012 financial year, James Hardie Industries swung from a loss to a net profit of $131 million.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$30.14 |
Change
0.350(1.17%) |
Mkt cap ! $12.96B | |||
| Open | High | Low | Value | Volume |
| $30.15 | $30.86 | $30.02 | $42.60M | 1.406M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2310 | $30.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.19 | 150 | 2 |
View Market Depth
| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| JHX (ASX) Chart |