Big wet dries up Cairns casino visitors
An extraordinary wet season has helped wipe more than two-thirds from the Reef Casino Trust’s first-half profit.
Finance group Mystate’s full-year profit has slipped 1.5 per cent following a challenging first-half affected by increased wholesale funding costs.
Mortgage broker Australian Finance Group says its full-year profit dipped 0.8 per cent to $33 million.
Ardent Leisure has narrowed its full-year loss but will not pay a final dividend as it focuses of rebuilding after the Dreamworld disaster.
Goodman Group shares are enjoying their best day in a year after the industrial property group reported its full-year profit had risen 11.4 per cent.
Alumina’s first-half profit has fallen by 26 per cent on softer prices.
Costa Group says it should still scrape in at the lower end of its revised full-year guidance despite setbacks across its fruit and vegetable operations.
Mayne Pharma has more than doubled its full-year losses after the company incurred a charge of $351.7 million due to the struggling generic market in the US.
Commonwealth Bank has renegotiated the sale of its CommInsure life insurance business to AIA for $2.375 billion, $150 million less than the original sale price.
Boral is selling its Midland Brick business to a consortium of Linc Property, Birchmead and Fini Group for $86 million.
Webjet shares have hit a six-month low despite the company comfortably meeting its earnings guidance and growing profit 45 per cent.
Australia Post says a failure to lift stamp prices could result in the closure of certain community services.
Excluding a full-year loss of $91.3 million, Southern Cross Media Group says its full-year underlying profit is up 3.1 per cent to $76.2 million.
Coca-Cola Amatil will deliver a special dividend on the sale of SPC but container deposit schemes and expansion costs have weighed on its Australian unit.
TRAFFIC is heavily backed up both ways both sides of the river after the Echuca-Moama bridge has been closed. Motorists have been advised to avoid the river crossing until further notice. More to come
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