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Latest news: Earnings

JB Hi-Fi beats expectations despite H1 profit fall

JB Hi-Fi beats expectations despite H1 profit fall

JB Hi-Fi shares rose five per cent in early trading after the consumer electronics retailer announced its net profit dropped 20 per cent in the first half.

Transurban half-year earnings up 7.5pct to $1.3b

Transurban half-year earnings up 7.5pct to $1.3b

Transurban half-year earnings up 7.5pct to $1.3b

Transurban half-year earnings up 7.5pct to $1.3b

Toll road operator Transurban says it had growth in all the markets it operates during the six months to December 31.

After $500m spend, IGO to mothball Cosmos nickel mine

After $500m spend, IGO to mothball Cosmos nickel mine

After $500m spend, IGO to mothball Cosmos nickel mine

After $500m spend, IGO to mothball Cosmos nickel mine

IGO says it will place the under-developed Cosmos nickel mine it purchased just two years ago into care and maintenance mode, with layoffs expected.

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Woolworths to declare $1.5b writeoff on NZ stores

Woolworths to declare $1.5b writeoff on NZ stores

Woolworths Group is writing off $1.5 billion in goodwill on the value of its NZ supermarkets after slowing sales in that country.

Did someone say KFC: cost of living fails to fry profit

Did someone say KFC: cost of living fails to fry profit

Cost of living pressures haven't eaten into profits at KFC, as Australia's love of the fast food chain propelled Collins Foods to $522.9 million in sales.

Cashed-up Webjet finished first half with $634m in bank

Cashed-up Webjet finished first half with $634m in bank

Webjet has beaten earnings forecasts with a 39 per cent jump in revenue for the first half, but won't yet resume paying a dividend.

Life360 plans full launch in Australia after strong Q3

Life360 plans full launch in Australia after strong Q3

ASX-listed family networking app Life360 is planning to rollout its full product offering in Australia after strong growth in subscribers in the third quarter.

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Mineral Resources 'well-placed' for significant growth

Mineral Resources 'well-placed' for significant growth

Mineral Resources 'well-placed' for significant growth

Mineral Resources 'well-placed' for significant growth

Mid-tier mining company Mineral Resources has warned a move into downstream processing of battery minerals is "likely uneconomic" without government assistance.

ANZ joins this banking season's $7b earnings club

ANZ joins this banking season's $7b earnings club

ANZ joins this banking season's $7b earnings club

ANZ joins this banking season's $7b earnings club

Environmental groups are calling out ANZ's climate commitments while analysts said $7.4 billion in profit was a slight miss to consensus estimates.

News Corp posts strong revenue to see off chair Murdoch

News Corp posts strong revenue to see off chair Murdoch

News Corp posts strong revenue to see off chair Murdoch

News Corp posts strong revenue to see off chair Murdoch

News Corporation is eyeing new tech horizons as it adjusts to life after Rupert, farewelling its talismanic chairman with better-than-expected earnings figures.

Nine's metro TV ad revenue falls as company eyes AI

Nine's metro TV ad revenue falls as company eyes AI

Nine's metro TV ad revenue falls as company eyes AI

Nine's metro TV ad revenue falls as company eyes AI

Nine is facing declining ad revenues across its metro free-to-air channels, as the board assesses the threats and opportunities of artificial intelligence.

Westpac posts $7b profit, launches $1.5b share buyback

Westpac posts $7b profit, launches $1.5b share buyback

Westpac posts $7b profit, launches $1.5b share buyback

Westpac posts $7b profit, launches $1.5b share buyback

Westpac has posted a 26 per cent rise in net profit of $7.2 billion for 2022/23 and released a climate report which will affect lending to farmers.

Besieged Qantas board cops brunt of shareholder anger

Besieged Qantas board cops brunt of shareholder anger

Besieged Qantas board cops brunt of shareholder anger

Besieged Qantas board cops brunt of shareholder anger

Heckling and protest votes greeted the Qantas board at the airline's annual general meeting where shareholders vented their frustration at a series of missteps.

Buy now, pay later co Zip enjoying strong start to FY24

Buy now, pay later co Zip enjoying strong start to FY24

Buy now, pay later co Zip enjoying strong start to FY24

Buy now, pay later co Zip enjoying strong start to FY24

Zip Co has upgraded guidance, saying it expects to be cash earnings positive for 2023/24 after a strong first quarter.

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Transurban sees highest-ever traffic in first quarter

Transurban says 2.5 million motorists used its roads on average each day in the July to September period, up from 2.4 million in 2022/23.

Smiggle, Peter Alexander owner posts record FY sales

Premier Investments grew sales 9.7 per cent in 2022/23 despite higher cost-of-living pressures.

Myer's best sales level in nearly two decades last year

Myer has total sales of $3.37 billion in 2022/23, its most since 2005, but sales are down so far in the new fiscal year as consumers tighten their belts.

Future Fund posts six per cent return, grows to $206b

The Future Fund stood at a record $206.1 billion as of June 30 after posting a six per cent annual return.

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Regional Express lifts revenue, flags further expansion

Regional Express hopes the delivery of new planes to its fleet will help increase flying and boost revenue as the airline battles to become profitable.

Flight Centre profit takes off as prices lose altitude

Alongside its first positive earnings result since 2019, Flight Centre predicted airfares to moderate and urged the government to allow greater competition.

Zip's up and down as full-year loss narrows to $48.2m

Zip has posted 16 per cent jump in revenue and a decline in bad debts, although its customer numbers also dipped as it attempted to manage risk.

Lynas 'match fit' despite profit slide, rising costs

The biggest producer of rare earths outside China says it's ready to meet increasing demand despite a profit plunge and cost blowout.

Casino operator Star posts $2.4b loss despite tax boost

Embattled gambling company Star Entertainment Group has recorded a $2.44 billion full-year loss after it was hit by regulatory and legal action.

Darling no more: AI boom passes Appen by as losses grow

Former tech darling Appen has suffered a massive drop in profitability but hopes it can finally catch the generative AI wave after years of missing out.

Qantas soars to $2.5b profit, plans share buyback

Qantas has posted its first full-year profit after incurring $7 billion in losses during the pandemic, and has ordered two dozen new Boeing and Airbus aircraft.

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