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Orica Limited (ASX:ORI) has reported a fall in its interim profit as it battles against the impact of softness in the mining sector.The provider of commercial explosives and blasting systems saw its net profit dip 3 per cent to $211 million in the six months to the end of March.Interim CEO Alberto Calderon has noted the end of the mining boom and says volatile and uncertain global markets have made profit guidance difficult to provide.However Mr Calderon believes Orica is taking action to mitigate the impact of market headwinds to build a foundation for earnings resilience through the cycle.An interim dividend of 40 cents per share has been declared.
News: Orica H1 profit hurt by mining slowdown
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Last
$18.10 |
Change
0.520(2.96%) |
Mkt cap ! $8.698B | |||
| Open | High | Low | Value | Volume |
| $18.13 | $18.49 | $18.02 | $41.33M | 2.270M |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 19753 | $18.10 |
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| Price($) | Vol. | No. |
|---|---|---|
| $18.15 | 28199 | 4 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ORI (ASX) Chart |
