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Rural equipment maker Skellerup Holdings has warned that its interim net profit after tax will be around 14 per cent below last year.
Skellerup said it was being hit by the strong dollar, which continued to trade at around US69c.
It said net profit for the half year to December 31 would be lower, but its earnings before interest, tax, depreciation and amortisation was likely to be above last year's by around 13 per cent.
