AAP Finance

Webjet shares plunge despite profit jump

Webjet shares have hit a six-month low despite the company comfortably meeting its earnings guidance and growing profit 45 per cent.

AAP Newswire

2 hours ago

Finance

Australia Post calls for stamp price hike

Australia Post says a failure to lift stamp prices could result in the closure of certain community services.

AAP Newswire

2 hours ago

Finance

Southern Cross underlying profit up 3.1%

Excluding a full-year loss of $91.3 million, Southern Cross Media Group says its full-year underlying profit is up 3.1 per cent to $76.2 million.

AAP Newswire

3 hours ago

Finance

Southern Cross underlying profit up 3.1%

Excluding a full-year loss of $91.3 million, Southern Cross Media Group says its full-year underlying profit is up 3.1 per cent to $76.2 million.

AAP Newswire

3 hours ago

Finance

Coca-Cola Amatil to make special payout

Coca-Cola Amatil will deliver a special dividend on the sale of SPC but container deposit schemes and expansion costs have weighed on its Australian unit.

AAP Newswire

4 hours ago

Finance

Medibank ups payout on profit, member rise

Medibank Private will pay shareholders a special dividend after lifting full-year profit 3.1 per cent to $458.7 million.

AAP Newswire

4 hours ago

Finance

Air NZ eyes more cuts as profit dips 31%

Air New Zealand says increased fuel costs, engine problems and weakness in travel demand have pushed its annual profit down by more than 30 per cent.

AAP Newswire

5 hours ago

Finance

Vocus net profit drops 44% to $34 million

Vocus Group says the telecommunications company’s full-year statutory net profit fell 44 per cent to $34 million.

AAP Newswire

6 hours ago

Finance

Lynas confirms Malaysian licence renewal

Rare earths miner Lynas Corp has confirmed it has received its renewed operating licence from Malaysia for its processing plant there.

AAP Newswire

6 hours ago

Finance

Output helps boost Santos HY profit 89%

Santos has posted an 89 per cent boost in its first-half profit on the back of strong output from its Cooper Basin fields and its purchase of Quadrant Energy.

AAP Newswire

7 hours ago

Finance

Shell’s $617m bid for power retailer ERM

Shell is making its first foray into Australia’s power sector with a $617 million takeover offer for ASX-listed ERM Power.

AAP Newswire

7 hours ago

Finance

Coles pays out despite FY earnings fall

Supermarket giant Coles has surprised investors with a special dividend despite an 8.1 per cent fall in full-year earnings following its 2018 demerger.

AAP Newswire

7 hours ago

Finance

Flight Centre profit edges up, eyes rejig

Flight Centre says it full-year profit has edged up 0.1 per cent to $263.8 million.

AAP Newswire

7 hours ago

Finance

Nine profit rises following Fairfax merger

Nine Entertainment has lifted its net profit in the first full-year result since its merger with Fairfax Media in November.

AAP Newswire

7 hours ago

Finance

Origin Energy posts 42% rise in FY profit

Robust production at Origin Energy’s Australia Pacific LNG project has helped boost the company’s profit but it warns of price pressures in FY20.

AAP Newswire

7 hours ago

Finance

Qantas’ FY profit falls 17% on fuel, forex

Qantas is buying back more shares despite its full-year profit falling 17 per cent to $1.302 billion on higher fuel costs and a weaker Aussie dollar.

AAP Newswire

7 hours ago

Finance

Reject Shop posts loss, breaches covenants

The Reject Shop has swung to a full-year loss of $16.9 million, breaching its banking covenants in the process.

AAP Newswire

8 hours ago

Finance

South32 profit down, in SA unit sale talks

South32 has reported a bigger-than-expected drop in underlying profit and announced talks to sell its South African energy-coal unit to Seriti Resources.

AAP Newswire

8 hours ago