Business News

Business News

PanAust US$142m Full Year Profit


Copper and Gold Mining Company, Pan Australian Resources (ASX:PNA) have reported its full year results to its shareholders, share traders and investors.

  • PanAust has a full year net profit of US$142.27 million up 8 percent on the previous year.
  • Revenue was up 24 percent to US$712.70 million.

Brambles US$320.5m Profit 1H2013


Global pallet supply company Brambles (ASX:BXB) has reported its half year results to shareholders, traders and investors.

  • Brambles Net Profit for first half FY 2013 was US$320.5 million, up from US$239.5 million in the previous corresponding period.
  • BXB underlying net profit US$490 million, up 7 percent.

APN News and Media Full Year $455.8m Loss


Content publishing company, APN News & Media (ASX:APN) have reported its results to shareholders, investors and share traders.

  • APN posted a $455.8 million Loss for the 2012 full year result from a loss of $45.1 million in the previous year.
  • APN revenue from continuing operations up 2 percent to $857.2 million while revenue from discontinued operations down 69 percent to $71.4 million.

Australian Securities Exchange ASX Profits $171.1m 1H2013


Stockmarket operator Australian Securities Exchange (ASX:ASX) have reported the results of company performance to shareholders.

  • ASX Net Profit for the half $171.1 million, down 2.5 percent from $175.6 million in the previous corresponding period.
  • Underlying profit down 5.3 percent to $171.1 million, from $180.7 million.

Alumina 2012 Full Year US$152.9m Loss


Aluminium producer, Alumina (ASX:AWC) have reported its 2012 full year profit results to shareholders.

  • Alumina full year loss of US$152.9 million down from a loss of US$47.3 million in the previous corresponding period.
  • Losses from foreign exchange contributed almost US$90 million among other losses. If those item are excluded: Alumina net loss of US$62.1 million from a Net Profit of US$126.6 million in 2011.

Adelaide Brighton Profit $154.2m Up 3.9% FY2012


Cement production company, Adelaide Brighton (ASX:ABC) has released its full year profit results to its shareholders and investors.

  • Adelaide Brighton Net Profit of $154.2 million, up 3.9 percent from the previous year.
  • ABC Annual Revenue $1.1762 billion up 6.9 percent.

Goodman Group $154.6m Profit Down 22.7% 1H2013


Australia's largest industrial property trust and the world's second biggest property manager by market value Goodman Group (ASX:GMG) has reported its first half results for FY 2013 to shareholders, investors and traders participating on the Australian stockmarket.

  • Goodman Group Net Profit of $154.6 million, down 22.7 percent.
  • Goodman Operating profit of $266 million, up 16 percent.

Insurance Australia Group IAG Profits Triple $416m 1H2013


Insurance firm IAG (ASX:IAG) has released its first half results to shareholders, investors and traders.

  • Insurance Australia Group IAG half year Net Profit $416 million, up from $144 million in the previous corresponding period.
  • Chief executive Mike Wilkins said, "This is a strong half year result and, based on the momentum in the business, we're confident about our outlook."
  • Cash profit $684 million, up from $155 million

Cabcharge Profit $33.3m 1H2013


Transport payments company Cabcharge (ASX:CAB) have reported its first half results to shareholders.

  • Cabcharge Net Profit $33.3 million, up 28.5 percent from $25.94 million in the previous corresponding period.
  • Cabcharge broadened its product range with gift card sales increasing by 15 percent.

Echo Entertainment Profit $66.5m down 5.3%


Casino operator, Echo Entertainment (ASX:EGP) have released its first half results for FY 2013 to shareholders.

  • Echo Entertainment net profit down 5.3 per cent to $66.5 million for the 6 month period from $70.2 million in the previous corresponding period.
  • EGP revenue up 4.2 per cent to $912.6 million
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