RWC 0.91% $5.56 reliance worldwide corporation limited

News: RWC Reliance Worldwide Posts HY NPAT Attributable $91.4 Mln

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    Feb 22 (Reuters) - Reliance Worldwide Corporation Ltd (RWC) :

    • HY NET PROFIT AFTER TAX ATTRIBUTABLE $91.4 MILLION, UP 82.4%
    • RELIANCE WORLDWIDE CORP- HY REVENUE FROM ORDINARY ACTIVITIES $642.4 MILLION VERSUS $569.3 MILLION
    • DECLARED INTERIM DIVIDEND PER SHARE 6.0 CENTS
    • INTENDS TO CHANGE REPORTING CURRENCY FROM AUSTRALIAN DOLLARS TO US DOLLARS FROM 1 JULY
    • SALES GROWTH RATES MAY CHANGE SUBSTANTIALLY FROM MARCH ONWARDS DUE TO IMPACT OF COVID‐19 ON SALES PERFORMANCE IN PCP
    • LIKELY THAT YEAR OVER YEAR SALES GROWTH COMPARISONS IN US MARKET WILL MODERATE FROM MARCH ONWARDS
    • FY21 CAPITAL EXPENDITURE EXPECTED TO BE IN RANGE OF A$40 MLN TO A$50 MLN
 
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