CSR H1 net profit lifts

By a staff reporter

CSR Ltd has reaffirmed guidance at the upper end of forecasts, assuming no significant deterioration in construction volumes or in Australian dollar aluminium prices, after posting a jump in half-year net profit.

The group's net profit after tax was $36.2 million in the six months to September 30, a 92 per cent increase compared with a restated $18.9 million in the previous corresponding period.

Trading revenue was $877.1 million, a two per cent increase compared with $859.8 million in the previous corresponding period. 

CSR will pay an interim unfranked dividend of five cents per share.