Ampol (ASX:ALD), following an unforeseen breakdown at its Brisbane oil refinery, has reported a 26% decrease in core net profit for the first half of the year ending in June. The net operating profit, excluding one-off events, which is closely observed by analysts, plummeted from $447.7 million in the first half of 2022 to $329.9 […]
Westpac (ASX:WBC) has disclosed an unaudited net profit of $1.8 billion for the quarter ending on June 30. In contrast to its competitors, such as Commonwealth Bank, NAB, and ANZ, Westpac does not provide cash earnings figures. It also refrained from offering any comparison to its performance in the June 2022 quarter, as no data
The A2 Milk Company (ASX:A2M) has announced a notable 27% rise in profit for the fiscal year 2022-23. This achievement was primarily driven by the company’s success in capturing a larger share of the contracting Chinese infant formula market. However, the company has issued a cautionary note, signaling that the coming year will likely pose
A2 Milk reports 27% profit increase in 2022-23 amid challenges in Chinese market Read More »
At noon, the S&P/ASX 200 is 0.16 per cent lower at 7,136.50. The SPI futures are pointing to a fall of 8 points. Australia’s stock market is down in response China’s central bank’s decision to establish the one-year loan prime rate at 3.45%, which was lower than anticipated. This rate had been at 3.55% in
ASX down 0.16% at noon as China lowers loan prime rate Read More »
