sydneybuilding materials supplier csr ltd reported an 85 rise in annual net profit and offered an upbeat outlook as it supports a strong pipeline of detached housing projects csr said its net profit totalled 2706 million australian dollars us1911 million in the 12 months through march this result included significant items relating to the recognition of a86 million in carry forward capital tax losses the company said stripping out significant items csrs profit rose by 20 to a193 million revenue lifted 9 to a231 billion all of csrs businesses have performed very well during the year in building products our team worked hard to support the demand in residential housing with strong operational execution said julie coates csrs chief executive and managing director earnings before interest and tax from building products rose by 24 to a record a228 million in fiscal 2022 property ebit fell by 13 to a47 million while ebit from aluminum rose by 74 to a40 million reflecting higher aluminum pricing partly offset by higher production costs directors of the company declared a final dividend of 180 cents per share bringing the fullyear payout to 315 cents that was at the top end of csrs policy of 6080 of net profit after tax excluding significant items turning to fiscal 2023 csr said building products was well positioned to grow with the strong pipeline of detached housing projects expected to continue as completion times lengthen with supply chain and trade capacity impacting the broader industry csr forecast property ebit of a52 million in fiscal 2023 and aluminum earnings of a33 milliona49 million while cautioning that significant price and cost volatility will impact the final result of that division