.
Orica Limited (ASX:ORI) chief executive Ian Smith says he’s optimistic about the long-term performance of the explosives and chemicals group, according to media reports.
Mr Smith told an analysts’ meeting in Sydney that Orica has been responding to miners' demands for greater productivity after the company announced first-half profit jumped despite pressure from a downturn in the US coal industry.
He says while miners are talking about cost cutting, Orica has been working to enable its customer base to be more productive.
Orica’s profit rise was led by greater demand for mining explosives in Australia and agricultural chemicals in New Zealand, the company said.
Orica generated a net profit of $267 million for the first half of the current financial year.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$21.43 |
Change
0.060(0.28%) |
Mkt cap ! $10.23B | |||
| Open | High | Low | Value | Volume |
| $21.31 | $21.49 | $21.30 | $11.88M | 554.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 525 | $21.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.47 | 200 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| ORI (ASX) Chart |