USG-Boral's earnings have fallen due to a poor construction market in South Korea. Its earnings before interest, tax, depreciation and amortisation (EBITDA) fell by 6% year-on-year to US$170m in the financial year to 30 June 2019from US$181m in the previous year. Its revenue grew by 2% to US$ 1.08bn from US$1.06bn. The joint venture said that, excluding South Korea, earnings were'steady'as lower earnings from Indonesia, China and the Philippines were offset by increased contributions from Thailand, Vietnam and India, as well as a continued strong contribution from Australia.
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