Tag: Profit

Bendigo and Adelaide Bank has announced a 190 percent improvement in net profit for the 12 months ending 30th of June 2010, with after tax profit of 242.6 million.

Woolworths Limited has topped expectations, growing sales by 4.2 percent on last year, or 4.8 percent excluding Woolworth’s volatile petrol division.

David Jones will terminate a lease with Westfield in Melbourne in favour of opening a store in upmarket North Perth that is better aligned to David Jones core customers.

Metcash Limited, the the operator of IGA Supermarkets, Mitre 10 Hardware stores and Cellarbrations Liquor has posted a record profit up 12.4 percent from $227.6 million for the year.

Retailer David Jones has reported a first-half profit up 10.2 percent, posting a net profit of more than $100 million for the period ending January 23.

Woolworths exceeded market expectations today with a reported 11.4 percent rise in first-half net profit for this financial year. In the half year (27 weeks) ending 3rd of January, Woolworths net profit was $1.09 billion, up 11.4 per cent compared to the same period last year. Share holders will be paid interim dividend of 53 […]

ANZ has issued an official statement covering their first quarter results, reporting an underlying profit after tax of $1.6 billion for the four months to end-January. This was a 16 percent increase in profit covering the bank’s first-quarter results, which was boosted by improved margins on its products. However earnings were lower than hoped due […]

Telstra has announced a sales revenue decline of 2.5 percent for the six months to December 2009 reaffirming its profit guidance for fiscal 2010 due to challenging market conditions.  In a statement by Telstra chief executive David Thodey he indicated Telstra had seen a decline in adjusted revenues in the first half despite good performances […]

As business conditions slow and business costs increase, it’s becoming increasing difficult to rely on earnings growth to improve the bottom line. Check out these simple business cost cutting ideas to improve profit and cash flow. Astute managers are more often looking to unlock the profit opportunity that lies hidden within their businesses costs. After […]