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BRIEF-Hills Ltd sees underlying NPAT attributable to owners of $11 mln for FY2015

Published 07/08/2015, 10:21 am
Updated 07/08/2015, 10:26 am
© Reuters.  BRIEF-Hills Ltd sees underlying NPAT attributable to owners of $11 mln for FY2015

Aug 7 (Reuters) - Hills Ltd HIL.AX :

* Says expects to report a full year underlying1 net profit after tax attributable to owners of $11 million for FY 2015

* Says there will not be a final dividend in relation to the 2015 financial year

* Says company's medium term dividend policy remains unchanged

* Says "this will result in a non-cash impairment in the statutory reported results for FY 2015 of approximately $92 million"

* Says FY statutory reported net loss after tax is expected to be approximately $86 million

* Non-cash accounting charge has no impact on the economics of the business nor does it have any impact on future operating cash flows"

* Source text for Eikon ID:nASXbFDlFd

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