At noon, the S&P/ASX 200 is 1.18 per cent lower at 7,110.30. Australia’s unemployment rate has risen to 3.7 per cent in July. The workforce experienced a reduction of approximately 15,000 individuals in employment, coupled with a rise of 36,000 individuals in the unemployed category. This resulted in an elevation of the unemployment rate to […]
ASX down 1.18% at noon: Australia’s unemployment rises 3.7% in July Read More »
Super Retail Group (ASX:SUL) has announced a special dividend of 25 cents per share alongside a final dividend of 44 cents, following the company’s report of increased sales and earnings for the year ending on July 1. SUL experienced a 7% surge in sales, reaching $3.8 billion, with a 9% increase when adjusted to account
Super Retail Group (ASX:SUL) boosts dividends amidst positive sales and earnings Read More »
Summit Minerals (ASX:SUM) announced that lithium-bearing minerals have been detected over 100 targets at the Castor Lithium Project in the prolific James Bay area, Quebec, Canada. Once access to the property is approved, Summit will conduct helicopter-supported property traverses to map and collect rock chips from the pegmatite occurrences and the interpreted Sentinel and SAR
Evolution Mining (ASX:EVN), a prominent gold mining company, has announced a reduction in its final dividend to 2 cents per share, down from 3 cents in the previous year. This decision follows a decline in earnings reported for the fiscal year ending on June 30. During this period, the company disclosed a statutory net profit
Kerry Stokes’ conglomerate, Seven Group Holdings (ASX:SVW), can attribute its robust revenue and earnings growth of over 20% to the stellar performance of its industrial entities, namely WesTrac, Coates, and Boral, during the fiscal year ending on June 30. The outcome notably reflects the substantial contribution of nearly a full year’s performance from Boral, of
Seven Group Holdings: Strong growth, 2024 profit outlook cautious Read More »
Telstra (ASX:TLS) announced a significant 13% increase in net profit, amounting to $2.1 billion, for the fiscal year ending on June 30. Shareholders will witness a 3% rise in the full-year payout, reflecting a portion of this improvement. The rise in earnings surpassed the 5.4% growth in revenue, which reached $23.2 billion for the year,
Telstra reports 13% jump in net profit to $2.1 billion for the year ending June 30 Read More »
