ASX:ORAPackaging
Orora (ASX:ORA) Shares Face Dividend Doubts After A$616.6 Million Loss
Orora entered this earnings season priced like a problem stock, with the shares around A$1.51 and the market already discounting its packaging business through a low price to sales ratio. The headline from these results is not revenue; it is the size of the earnings hit. Management reported a full year loss from continuing operations of A$616.6 million and a basic loss per share of A$0.50 on a trailing 12 month view.
For a company still paying a 5.32% dividend yield, that loss is hard to...

