Trans-Tasman printing group PMP has blamed the faltering Dick Smith business for a 58.8 per cent drop in first half profit. PMP says it booked a $2.7 million impairment related to the money it is owed by the electronics retailer, which went into receivership in January. PMP, which will pay a 1.2 cents per share unfranked interim dividend, says it is unlikely to recover the total $3.9 million it is owed by Dick Smith.
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