Reliance (ASX:RWC) profit drops as construction slows in key markets
24 Aug 2020 - Plumbing supplies company Reliance Worldwide (ASX:RWC) recorded a 32.7 per cent drop in net profit to $89.4 million for the 2020 financial year.
24 Aug 2020 - Plumbing supplies company Reliance Worldwide (ASX:RWC) recorded a 32.7 per cent drop in net profit to $89.4 million for the 2020 financial year.
24 Aug 2020 - Fortescue Metals (ASX:FMG) net profit has lifted by 49 per cent for the 2020 financial year. Strong iron ore prices and strong production drove the miners profit to US $4.7 billion.
24 Aug 2020 - Property agency McGrath (ASX:MEA) has seen a turnaround in its fortunes with net profit swinging from a $9.7 million loss in FY19 to $700 000 this financial year. Earnings of $3.7 were up $10.1 million from a loss of $6.4 million last financial year.
24 Aug 2020 - Local shares are set to start the week in negative territory despite a strong finish to the week on Wall Street. David Murray, John Fraser and Boe Pahari have all resigned from their positions at AMP. New Zealand telco Chorus has reported $52 million in net profit for the 2020 financial year just shy of the $53 million made last year.
21 Aug 2020 - After a strong start, the ASX slumped mid-session and tracked sideways for most of the afternoon to finish the day 0.1 per cent lower. Suncorp (ASX:SUN) jumped over 11 per cent today, as investors responded to its annual results, and its new climate-change commitments.
21 Aug 2020 - The Australian share market opened higher following positive leads from US equity markets and is now tracking flat at noon. Most of the sectors are in the green, with Real Estate Investment Trusts leading the charge. Pathology and imaging healthcare company, Healius (ASX:HLS) has reported underlying net profit after tax from continuing operations was $55.4 million for the year ended 30 June 2020.
21 Aug 2020 - Westpac Banking Corporation (ASX:WBC) has sold its vendor finance business, Strategic Alliances, to Angle Finance.
21 Aug 2020 - Redbubble Group’s (ASX:RBL) gross profit rose 42 per cent to $134 million for the year ended 30 June 2020.
21 Aug 2020 - The a2 Milk Company is engaged in exclusive discussions with nutrition dairy business, Mataura Valley Milk with a view to participating in manufacturing at the facility in Southland, New Zealand.
21 Aug 2020 - Suncorp Group net profit after tax was up around 422% year on year to $913 million.