LA Private

August 23, 2023

Impressive turnaround in profits for K&S Corp in FY2023 despite challenges

Buried within the multitude of reports on June 30, a standout result emerged that is poised to be one of the most notable achievements of the 2022-23 financial year. This achievement doesn’t hail from a tech, retail, financial, or mining/resource conglomerate – it originates from an unassuming transport company that has contended with the unpredictability […]

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Dominos Pizza faces dividend cut as profits slide in challenging year

Domino’s Pizza (ASX:DMP) shareholders are set to experience a 30% reduction in their final dividend as the once high-flying fast-food group faced a significant setback in the fiscal year ending June 30. Despite a modest uptick of 2.2% in sales to $2.37 billion, EBIT plummeted by over 23% to $201.7 million, and after-tax statutory profit

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Investors opt for Azure Minerals’ placement over SQM’s offer in lithium exploration

Big shareholders in the lithium and nickel exploration company Azure Minerals (ASX:AZS) swiftly recognised the value of investing $2.40 per share in a $120 million placement, a superior choice compared to accepting 42.31 per share from SQM, the world’s second-largest lithium player. It’s worth noting that SQM holds a 19.9% stake in Azure, and it

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Woolworths boosts full year dividend by 13% on solid revenue and earnings growth

Woolworths (ASX:WOW) shareholders are set to benefit from a 13% increase in the full-year dividend as the supermarket giant disclosed robust growth in revenue and earnings for the year ending June 25. The retailer reported a 5.7% rise in revenue to $64.3 billion for the 2022-23 fiscal year. This increase trailed the 6% rise in

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US banking sector faces downgrades and challenges as ratings agencies express concerns

Following Moody’s and Fitch, S&P Global has joined the ranks of ratings agencies expressing concerns about the US banking sector. This comes in the wake of Moody’s warning or downgrading the ratings of 27 US banks and Fitch’s reminder of its downgrade in June of the sector’s operating environment. S&P Global’s move involved cutting or

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Ebos achieves record revenue and profit, increases annual dividend by 14%

Ebos (ASX:EBO), a leading healthcare and animal products group operating across Australia and New Zealand, has reported a surge in both revenue and earnings, leading to a new record for the 12 months ending June 30. The company has raised its annual dividend by 14% in light of this impressive performance. Revenue exhibited a 14%

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