On Thursday, cardboard maker DS Smith posted a 54% plunge in half-year profit, hurt by lower prices for boxes and weak industrial demand, although the company decided to resume dividend payment.
The London-listed company said profit before tax for the ongoing operations fell to $129.48 million (97 million pounds) for the six months ended Oct. 31 from 213 million pounds a year earlier and announced an interim dividend of 4 pence per share.
