FosRich reporting fall in net profit

Net profits at listed company FosRich fell last year to $235 million compared with $325 million the prior year. 

At the close of the year, the revenues were $3.7 billion, exceeding the prior year's total of $3.3 billion.  

The growth of product lines such as hardware, lighting, and PVC, among others, contributed to the increased revenues. 

The Board declared a dividend of 2 cents per share, an increase over last year's, which was paid out in December.