ALS Shares Drop Despite Record Profit as Tuesday Open Looms
ALS Ltd shares fell 1.7% to A$21.83 Monday despite record annual earnings and a higher dividend. Revenue for the year to March 31 rose 10.7% to A$3.32 billion, with underlying net profit up 25.8% to A$381.2 million. The board declared a final dividend of 23.1 cents a share, partially franked. The ASX cash market was still in pre-open at the time of filing.
