No dividend from Poly

POLY Investments Holdings has reported a 79.93 per cent profit fall to $45.51 million for the year to March, mainly because of a reduction in exceptional items to $16.01 million from $204.28 million previously.

Operating profit before exceptional items rose 103.79 per cent to $54.17 million from $26.58 million.

Turnover rose 196.88 per cent to $462.22 million from $155.69 million.

Earnings per share were 3.8 cents.

No final dividend was declared.