Capral (ASX:CAA) has increased its earnings guidance for fiscal year 2023 to the top end of its given range.

The updated forecast sees FY23 underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) at around A$58 million.

Capral also reported a half-yearly net profit after tax of A$16.6 million, down from A$22.2 million.

Looking ahead, the company expects its FY23 underlying net profit after tax (NPAT) to be around A$30 million.

Furthermore, an interim dividend of A$0.2 per share has been declared.

Half-yearly revenue from ordinary activities stood at A$329.6 million, representing a decline of 5.6%.

Capral is a manufacturer and distributor of aluminum products.