KSC 0.56% $3.60 k & s corporation limited

News: KSC K&S Corp issues profit guidance

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    Feb 15 (Reuters) - K&S Corporation Ltd (KSC) :

    • Ksc carrying values and earnings update (KSC)
    • Says anticipated that statutory net profit after tax for the first half of FY2016 would be approximately 75% down
    • As a result of review, K&S Corp expects to book a one-off non-cash impairment charge of $77.7 million
    • Anticipates that underlying profit before tax for first half of FY 2016 will be 45% down on profit before tax for first half of FY 2015
 
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