New York: 02:20 || London: 07:20 || Mumbai: 12:50 || Singapore: 15:20

News & Analysis » Asia

BlueScope Steel Full Year Underlying Profit Rises - Quick Facts

August 16, 2010, Monday, 11:35 GMT | 06:35 EST | 16:05 IST | 18:35 SGT

(RTTNews) - Australia's steelmaker BlueScope Steel (BLSFF.PK) reported full year NPAT attributable to company shareholders of A$126 million, compared to a loss of A$66 million a year earlier.

Underlying NPAT attributable to company shareholders rose to A$113 million from A$56 million in the prior year.

Total revenue for the year declined 17% to A$8.62 billion from A$10.33 billion in the previous year.

The company declared final dividend of 5 cents, which is payable to shareholders on October 20 of record September 24, 2010.

Overall, the company planning for significantly improved market conditions over the medium to long term, despite the short term concerns.