Construction products manufacturer James Hardie has lifted its profits amid improving housing markets in the United States and Australia.

In its latest announcement, the company announced a $US52.0 million net operating profit, excluding asbestos, Australian Securities and Investments Commission (“ASIC”) expenses, New Zealand product liability expenses and tax adjustments, for the quarter ended 30 June 2013 – 19 percent on the prior corresponding one year earlier ($US43.8 million). The…