Courtesy of Benzinga.
Leighton Holdings Ltd (OTC: LGTHF) lowered its annual profit forecast by 25% to 38%.
Leighton now projects a full year underlying net profit of A$400 million to A$450 million and a first-half underlying net profit of A$100 million to A$150 million.
Leighton earlier expected a full year underlying net profit of A$600 million to A$650 million.
For more Benzinga, visit Benzinga Professional Service, Value Investor, and Stocks Under $5.