Sims Metal Management Limited (ASX:SGM) has posted a large net loss of $556.5 million for the half year ended December.
The result was heavily impacted by a non-cash goodwill impairment charge.
Total scrap intake and shipments increased 10 per cent on the prior corresponding period.
The company hasn’t offered guidance for the full year.
Sims will pay an interim dividend of 10 cents a share, unfranked.
