Nov 5 (Reuters) - Warrnambool Cheese and Butter Factory Company Holdings Ltd WCB.AX :
* Australian dollar is currently well below the FY 2015 average but remains volatile
* Half year 2016 net operating loss after tax of $1.2 million, decrease of $18.1 million compared with HY15
* "Recovery in international dairy prices should result in improved returns over remainder of FY 2016"
* Says no interim dividend was declared for HY15
* Decrease in profits mainly due to declines in global international commodity prices, high raw milk cost
* Does not intend to declare any dividend as directors have decided to retain cash to deleverage its balance sheet
* Source text for Eikon ID:nASX4vz2Gf