Bisalloy Steel Group (ASX:BIS) has declared a final dividend of 9.5 Australian cents per share.

The announcement also highlighted a decline in FY profit, which dropped by 14.6%, settling at AUD 12.8 million.

Despite this, the company’s FY revenue saw a significant rise, increasing by 30.0% to reach AUD 153.1 million.

Bisalloy Steel Group is an Australian company that specialises in the production and sale of high-strength, quenched and tempered steel plate.