Latest news for Orica (OTC:OCLDY) Stock

Orica

Orica is a leading global manufacturer and supplier of chemicals and explosives, primarily to the mining industry. It has operations in 50 countries across six continents. Mining services is the lone growth engine now that the chemicals business has been sold. Orica has an approximate 28% share of the global commercial explosives market. It provided resins, steel bolts, and other products for underground mining and tunneling though this business is now sold. It also supplies chemicals such as sodium cyanide to the mining industry.

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OCLDY

Orica Full-Year Net Profit Drops 37%

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Orica Posts 4% Drop In H1 Net Profit, Declares Dividend

Orica Ltd

Orica Ltd (OTC: <a class="ticker" href="/stock/ocldy#OTC">OCLDY</a>) reported a 37% drop in its full-year net-profit. 

Orica's net profit for the year declined to 402.8 million Australian dollars (US$418.6 million), versus A$642.3 million, in the year-ago period.

Its net profit excluding impairment charges rose 1.2% to A$650.2 million.

Orica shares closed at $26.15 on Friday.

Orica Ltd (OTC: OCLDY) reported a drop in first-half net profit. 

Orica's net profit for the period fell to A$253.3 million, from A$263.8 million in the year-ago period. 

Its revenue for the half year climbed 10% to A$3.31 billion.

It also declared an interim dividend of 38 Australian cents per share, up from 37 cents per share last year.

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TSXV:LCE

Orica Ltd (OTC: <a class="ticker" href="/stock/ocldy#OTC">OCLDY</a>) reported a 37% drop in its full-year net-profit. 

Orica's net profit for the year declined to 402.8 million Australian dollars (US$418.6 million), versus A$642.3 million, in the year-ago period.

Its net profit excluding impairment charges rose 1.2% to A$650.2 million.

Orica shares closed at $26.15 on Friday.

Orica Ltd (OTC: OCLDY) reported a drop in first-half net profit. 

Orica's net profit for the period fell to A$253.3 million, from A$263.8 million in the year-ago period. 

Its revenue for the half year climbed 10% to A$3.31 billion.

It also declared an interim dividend of 38 Australian cents per share, up from 37 cents per share last year. 


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