China's industrial profits are falling at their fastest pace since the pandemic
Data from the National Bureau of Statistics shows China's industrial profits fell at their fastest pace since the pandemic in September.
profits
Ukraine shoots down Russian warplane, Russia claims profits
A Russian warplane has been shot down in Donetsk province, Ukrainian forces say, while Russian authorities say their troops have taken control of a village.
Qantas sees sharp drop in profits as company focuses on “finding the right balance”
Qantas reported a 28 percent decline in after-tax profit to $1.25 billion in the 2024 financial year, citing falling airfares, higher spending on customer initiatives and lower freight revenue.
The Perth suburb where sellers are making over $1 million in profits on their homes
Across Perth, sellers benefited from the city's booming real estate market: 97.1 percent made a profit when selling their homes.
Record dividend from Santos despite decline in profits and sales
Gas giant Santos saw its net profit and sales volumes decline in the first half of the year due to economic uncertainty and lower prices, but remains optimistic about demand from Asia. Santos on Wednesday reported a 19 percent drop in net profit to $636 million in the six months to June 30, while sales … Read more
Domino's posts 130 percent rise in profits as Australia-New Zealand empire supplies pizza giant
Pizza giant Domino's reported a 136.5 percent rise in full-year net profit to $96 million as its Australian and New Zealand empire delivered its strongest growth in seven years. Profit rose 3 percent to $208 million for the year ended June 30, closely in line with market expectations ($209 million) and slightly above Ord Minnett's … Read more
Rising electricity costs weigh on BlueScope Steel’s profits
BlueScope Steel reported a drop in profits due to industry and market volatility, including a decline in demand from Chinese electric vehicle manufacturers.
Profits of the troubled media company Seven West Media collapse
Seven West Media's annual results show that profits for the company, which owns the Seven Network and The West Australian, fell 69 percent to $45 million.
CommBank annual results: Dividends rise, profits fall
Commonwealth Bank reported a statutory profit of $9.48 billion for the full year.
Slimmed-down AMP records slight increase in profits in the first half of the year
The once powerful financial services company AMP has announced a joint venture for its loss-making consulting division and a slight increase in overall profit in the first half of the year.