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Futuris Has First-Half Loss After Prices Drop, One-Time Costs

Business Materials 16 February 2009 02:31 (UTC +04:00)

Futuris Corp., whose businesses range from forestry to rural and automotive services, reported a loss in the first half because of declining prices of chemicals and fertilizers and one-time charges, dpa reported.

The loss for the six months ended Dec. 31 was A$329.2 million ($217 million), Adelaide-based Futuris said today in a statement. The loss included A$307.1 million of one-time items, it said.

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