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Showing 171 - 180 of 6743 results for "Profit"

ASX revenues, profits increase amid scrutiny

MATTHEW WAI  |  FRIDAY, 15 AUG 2025
... operating revenue in the 12 months to 30 June 2025, a 7.3% surge from the previous corresponding period. Underlying net profit after tax (NPAT) grew 7.5% to $510 million, while statutory NPAT recorded a lower growth of 6% to $503 million. ASX managing ...

Norway sovereign wealth fund divests 11 Israeli companies, cuts mandates

KARREN VERGARA  |  TUESDAY, 12 AUG 2025
Norway's US$2 trillion sovereign wealth fund has severed ties with 11 Israeli companies and is in the process of terminating mandates with external managers based in Israel. The sovereign wealth fund's manager, Norges Bank Investment Management ...

CFS prices advice practice valuation gap at $1.1m

KARREN VERGARA  |  MONDAY, 11 AUG 2025
... conjunction with Succession Plus, surveyed 116 practices which on average generate $2.71 million in revenue, while annual profit reported come to $848,781. The survey found that the value gap was lower for businesses with fewer employees and lower business ...

Legal costs weigh on AMP profits

JAMIE WILLIAMSON  |  THURSDAY, 7 AUG 2025
... half-year net profits, coming in at $98 million. Released this morning, AMP's results show a 5% drop in interim net profit, largely attributed to $11 million in legal and remediation costs and $21 million spent on business simplification. The underlying ...

Linda Elkins joins AMP board, Slattery exits

MICHELLE BALTAZAR  |  THURSDAY, 7 AUG 2025
... insights to the Board's decision making," said Hirst. AMP released its first half results this morning. Its underlying net profit after tax rose 9.2% to 131 million compared to the first half of 2024. The company's share price is up slightly ...

Geopolitics, private credit force insurers to 'shift gears': Janus Henderson

MATTHEW WAI  |  THURSDAY, 7 AUG 2025
... the key investment objective, the sentiment decreased from 58% last year to 36% in 2025. Subsequently, the importance of profit volatility (23% to 32%) and regulatory capital stability (14% to 24%) has risen, with life insurers particularly attentive ...

Pinnacle FUM soars, highlights 'tumultuous' year

ELIZA BAVIN  |  WEDNESDAY, 6 AUG 2025
Pinnacle Investment Management has delivered a positive full-year result, reporting a net profit after tax of $134.4 million, up from $90.4 million in FY24. Pinnacle also saw funds under management lifting from $110 billion in FY24 to $179.4 billion ...

PC recommends switch to digital financial reporting

ELIZA BAVIN  |  WEDNESDAY, 6 AUG 2025
An interim report from the Productivity Commission (PC) has recommended Australian companies switch to digital financial reporting to allow for data to be better extracted. The report looked at how Australia can better harness the data contained in ...

Aware Super, TelstraSuper explore merger

ELIZA BAVIN  |  FRIDAY, 1 AUG 2025
... Understanding (MOU) to explore a potential merger between the two superannuation funds. The proposed merger would create a combined profit-to-member fund with approximately $228 billion in funds under management and serve over 1.3 million members. Both ...

Former fund investment chief joins JANA

MICHELLE BALTAZAR  |  THURSDAY, 31 JUL 2025
Leading asset consultant JANA boosts its not-for-profit (NFP) consulting ranks with its recent hire. Linda Trusler joined JANA Investment Advisers as senior consultant this month, focusing on the institutional client base of the group in the NFP sector. ...