Schaffer Corporation has reported a 57 per cent slide in first-half profit to $2.1 million, but chairman John Schaffer said the underlying strength of the company helped it maintain an interim dividend of 12 cents per share.

Schaffer Corporation has reported a 57 per cent slide in first-half profit to $2.1 million, but chairman John Schaffer said the underlying strength of the company helped it maintain an interim dividend of 12 cents per share.