Also if you look through the Profit and Loss (Slide 9), they conveniently included AUD $65m in Depreciation and Amortisation, double the previous year. Smart move IMO. (They could have declared a much higher Net profit if they wanted to).
And in case you raise another furphy, these are excluding POSCO transaction. If you include them, NPAT AU $211m
If you're going to pick bottoms, get your facts straight.