Sharemarket and Market Trading News

Read the latest Australian sharemarket trading and Australian Business news.

Internet Service Provider, iiNet (ASX:IIN) have released its first half financial results for FY 2013 to its shareholders and investors.

  • iiNet Net Profit of $31.9 million, up 122 percent.
  • The higher revenues and profit margins comes after the company’s $132 million acquisition of South Australian Internode and Canberra based transACT.
  • iiNet revenue was $474 million, up 30 percent.

Australian Infrastructure Fund (ASX:AIX) have released its financial first half results for 2013 to shareholders and investors.

  • Australian Infrastructure Fund net profit $186 million, up 155 percent.
  • AIX increase in profit was due to a $186 million revaluation of its stakes in Australian Airports after a $2 billion bid from the Future Fund.

Leisure retailer, Super Retail Group (ASX:SUL) have reported its first half financial results to its shareholders and investors.

  • Super Retail Group Net Profit $60.61 million, up 73.5 percent from $34.94 million.
  • Super Retail Group owns various retail brands including, Super Cheap Auto, BCF, Rebel Sport, Amart, Ray's Outdoor and Goldcross Cycles.

Mineral sands mining company, Iluka Resources (ASX:ILU) have announced its full year profit results to shareholders.

  • Iluka Resources Net Profit for the full year was $363.2 million, down from 2011 where profit was $541.8 million.
  • Iluka revenue was $1.2 billion, down from $1.6 billion.

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.

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.

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.

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