TLS telstra group limited

News: TLS Australia's Telstra maintains final dividend even as annual profit drops 15%

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    Aug 13 (Reuters) - Australia's Telstra Corp (TLS) on Thursday reported a 15.5% drop in annual profit as it continued to face pressure from the rollout of a state-owned broadband network, but kept its final dividend unchanged from last year.

    Net profit attributable for the year to June 30 was A$1.82 billion ($1.30 billion), versus A$2.15 billion a year earlier.

    The Melbourne-based company declared a final dividend of 5 Australian cents per share, and a special dividend of 3 cents per share.

    ($1 = 1.3965 Australian dollars)

 
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