May 12 (Reuters) - Orica Ltd (ORI) :
- HY NET LOSS ATTRIBUTABLE A$84.6 MILLION
- HY CONSOL REVENUE FROM OPERATIONS UP 24.9% TO A$3,277.1 MILLION
- AS A RESULT OF IMPACT OF RUSSIA-UKRAINE CONFLICT, GROUP IS UNABLE TO FUND OR EXTRACT CASH FROM RUSSIAN SUBSIDIARIES
- DECISION HAS BEEN MADE TO EXIT THESE BUSINESSES IN RUSSIA
- HAS RECOGNISED AN IMPAIRMENT CHARGE OF A$79.9 MILLION IN RELATION TO ASSETS OF RUSSIAN BUSINESSES
- STRENGTHENED PERFORMANCE IS EXPECTED TO CONTINUE INTO SECOND HALF OF 2022 FINANCIAL YEAR
- EXPECT EARNINGS MOMENTUM TO CONTINUE, DESPITE PLANNED EXIT FROM OPERATIONS IN RUSSIA, AMONG OTHERS
- CAPITAL EXPENDITURE IN 2022 FY IS EXPECTED TO BE BETWEEN A$340 MLN & A$360 MLN
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