Domain swings to H1 profit but market flat
Real estate advertiser Domain bounced back from an impairment-driven $154.1 million loss a year ago but revenue has slipped 8.0 per cent to $147 million.
Winning VIPs have caused a 48 per cent drop to Star Entertainment’s first-half profit and it’s warned the coronavirus has had an impact of visitor numbers.
A jump in gas production has helped Santos offset weaker prices and lift its annual profit by 7.0 per cent.
Origin Energy has reported its first-half statutory profit is down by 25 per cent to $197 million.
Medibank’s net health insurance claims have risen by $158.7 million to $2.8 billion for the first half, a 5.9 per cent increase from a year ago.
Tabcorp investors remain underwhelmed after soft economic conditions underpinned below-expectation earnings and underlying profit figures.
Sonic Healthcare has reported a 14 per cent leap in half-year net profit thanks to its buying of US anatomical pathology provider Aurora Diagnostics.
WiseTech Global shares are down over 20% after the logistics software company said it expected its earnings to be hit by the coronavirus.
Vocus shares have hit a four-month high after the company said it was executing on its turnaround plan and kept profit stable despite a drop in revenue.
Westpac expects to “incur additional expenses” and will “reconsider its current cost growth expectations” as investigations pile up after the AUSTRAC scandal.
Higher iron ore prices have helped Fortescue Metals Group almost quadruple its half-year profit, with the Perth-base miner posting a $US2.45 billion result.
Britain’s EG Group has made a $3.9 billion offer for Caltex Australia’s retail business and a stake in a newly listed company, Ampol.
Corporate Travel Management has cut its full-year underlying earnings guidance on an expected coronavirus hit.
Crown Resorts has posted a lower profit for the December half and warns of the impact the coronavirus outbreak is having on trading conditions.
Police are appealing for public assistance to help locate missing 14-month-old girl Acelynn Dutoit.
A former Shepparton business has made national headlines once again as an ABC investigation uncovered a multimillion-dollar scam that targets drug addicts and the homeless. Former local accountancy firm Brown Baldwin have been accused of exploiting...
Four people have died following an aircraft collission in Mangalore, near Avenel this morning.