Share bonus

Improved markets in China and Japan helped plywood and veneer maker Pacific Plywood Holdings achieve 73.5-per cent growth in first-half attributable profit to $85.61 million.

Turnover grew 23.7 per cent to $406.59 million. Earnings per share rose to 9.74 cents from 7.5 cents.

A one-for-10 bonus share issue was proposed in place of a dividend.