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Showing 1271 - 1280 of 6747 results for "Profit"

EQT swells revenue by 3.2%

KANIKA SOOD  |  WEDNESDAY, 19 AUG 2020
EQT's mandate wins in last financial year swelled its total revenue by 3.2% to $95.4 million, while net profit before tax was down 3.3% to $31.3 million. Equity Trustees' total funds under management, administration, advice and supervision crossed ...

Impact investors team up for $48m investment

KANIKA SOOD  |  WEDNESDAY, 19 AUG 2020
... Partners for the investment. The properties will be developed and managed by Summer Housing, which is a subsidiary of a non-profit organisation that works for housing accessibility for people with disabilities. "We are excited by the opportunity to continue ...

ANZ posts profit, announces dividend

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
ANZ has announced an unaudited statutory profit for the third quarter of $1.32 billion and an interim dividend of 25 cents per share, fully franked. The bank reported an unaudited cash profit from continuing operations of $1.5 billion, with chief executive ...

How to make sense of reporting season

ALLY SELBY  |  TUESDAY, 18 AUG 2020
As we reach a third of the way through Australia's reporting season, an advice and stockbroking group has identified three key trends that have so far emerged from the results. Wilsons Advisory noted that many of the companies that have reported thus ...

Netwealth reports $43.8m in FY20 profits

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
Netwealth swelled underlying net profit after tax by 21.7% in FY20; as it flags increased IT and infrastructure spend for the next year and a new mobile app for clients. The ASX-listed platform business grew total funds under advice by 35% to $31.5 ...

Sunsuper announces investment, insurance changes

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
... and clarity to members. This means members will now be assessed against their education, training or experience. "As a profit-for-members fund, we believe this change is in the best interests of our members and will better support them when they need ...

Kogan Super reports growth

ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
... provided through AIA Australia. Overall, the company reported revenue of $497.9 million, up 13.5% year on year, and a gross profit of $126.5 million, up 39.6% year on year. Among the other verticals Kogan launched in the last year were Kogan Cars, Kogan ...

Westpac ditches dividend

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
... Westpac has become the first of the big four banks to not deliver a dividend in its first half results as it reported a net profit of $595 million and revealed it anticipates further enforcement action from ASIC. Westpac chief executive Peter King said ...

Take your CAPE ratio with a grain of salt

ALLY SELBY  |  MONDAY, 17 AUG 2020
... said that while the ratio cannot be used to forecast market downturns - "at least not in a way that you could reliably profit from" - surpassing the 31 mark "makes sense" in the current environment. "We are going through an unprecedented period of government ...

Fiducian posts $10.5m in FY20 profits

KANIKA SOOD  |  MONDAY, 17 AUG 2020
ASX-listed Fiducian Group doubled its net inflows to $217 million in FY20, as it posts $10.5 million in statutory net profit after tax for the year. Net profit for the group - which includes funds management, financial planning, corporate and platform ...