Latest Manufacturing Sector News

Big River Industries reported a significant $17 million loss for the half-year ending December 2024, driven by a $20 million non-cash impairment charge and a 3.3% revenue decline. The company also announced a reduced fully franked interim dividend of 2 cents per share.

Reliance Worldwide Corporation posts a robust 14.8% sales increase and a 31.8% jump in net profit for H1 FY25, driven by the Holman acquisition and solid cost efficiencies.

Reliance Worldwide Corporation Limited has announced an ordinary dividend of USD 0.025 per share for the six months ending December 31, 2024, payable in April 2025. The dividend is unfranked and will be paid in Australian dollars based on a recent exchange rate.

International Graphite's Springdale Project achieves over 99.95% purity in graphite purification tests coordinated by Marubeni, signaling strong potential for battery market supply.

Bluescope Steel Limited has announced a fully franked interim dividend of AUD 0.30 per share, reflecting confidence in its financial position for the half-year ending December 2024.

Embelton Limited has announced a fully franked ordinary dividend of AUD 0.15 per share for the six months ending December 2024, signaling steady shareholder returns.

Orora Limited has announced a 5-cent per share ordinary dividend for the six months ending December 2024, payable in April 2025. The dividend is unfranked and offers shareholders a Dividend Reinvestment Plan option.

Orora Limited reported a substantial half-year profit of A$907.6 million, propelled by the sale of its North America packaging business and strategic restructuring. The company also announced an unfranked interim dividend of 5 cents per share.

Amotiv Limited posted a modest 2.3% revenue increase for H1 FY25 despite a 35.8% plunge in net profit after tax, driven by impairments and restructuring. The company signals optimism for FY25 growth, underpinned by new product launches and disciplined cost management.

Vulcan Steel Limited has announced a fully franked ordinary dividend of NZD 0.02588235 per share for the six months ending December 2024, payable on March 27, 2025. The dividend includes a supplementary component for Australian shareholders.

Merchant House International Limited has sold equipment from its shuttered American Merchant Inc textile factory for US$4 million, crystallising a significant A$9.02 million loss. The company continues to seek buyers for the remaining land and buildings.

VIP Gloves Limited has obtained a short-term interest-free loan of approximately AUD$1 million ahead of a planned share placement, as it faces potential delisting from the ASX pending a critical reinstatement decision.