in this issue
Regions :: Australia/New Zealand
Orica reports fall in profits
10:44 AM MST | November 12, 2012 | Deepti Ramesh
Orica (Melbourne) recorded a 37% fall in net profit after tax and individually material items for the full fiscal year, ended 30 September 2012, compared with the previous fiscal year, to A$403 million ($420 million). Full-year sales increased 8%, to A$6.67 billion. Fourth-quarter results were not disclosed. “Higher demand in mining markets in Australia, Asia, and Latin America; and improved pricing mostly offset the adverse earnings impact arising from incidents at Kooragang Island and foreign exchange movements,” Orica says. Orica’s chemicals...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee