Feb 25 (Reuters) - Australian construction firm LendLease Group (LLC) on Monday reported a 96.3 percent drop in first-half profit, hurt by the continued underperformance of its local engineering and services businesses.
Net profit after tax for the six months ended Dec. 31 came in at A$15.7 million ($11.20 million), down from A$425.6 million in the previous year, the company said in a statement.
The company, which has operations spanning from Australia to the United States, approved an interim dividend of 12 cents per share, down from 34 cents per share last year.
($1 = 1.4017 Australian dollars)
News: LLC Australia's LendLease Group half-yearly profit plunges
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