News: ALQ ALS posts FY 2016 underlying npat of $99.5 million, 27 pct lower from FY 2015

May 30 (Reuters) - ALS Ltd (ALQ) :

• Preliminary final report (app 4e) - year ended 31.3.16 (ALQ)
• FY underlying npat of $99.5 million for FY 2016, 27% lower from FY 2015
• Says FY preliminary revenues from ordinary activities down 8.6% to A$1.36

  billion

• Says the total partly franked dividend for the year will be 13.5 cents per

  share

• Ensuing reduction of industry activity levels and oil price expectations has

  led to the group recognise a further non-cash impairment

• Expects short to mid-term market conditions to remain challenging and

  unpredictable until the oil price stabilizes"

• Australian market conditions are expected to remain challenging throughout FY

  2017