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Showing 291 - 300 of 6762 results for "Profit"

ASX reports 'record' revenue for 1H25, lags in listings

MATTHEW WAI  |  THURSDAY, 13 FEB 2025
... period, with its markets, technology and data, and securities and payments divisions contributed to the growth. Statutory net profit after tax (NPAT) grew to $243.5 million, up 5.6% from 1H24, while total expenses dipped by 20 basis points, with the ...

Industry fund insurance bungle adds fuel to mounting outrage

ANDREW MCKEAN  |  THURSDAY, 13 FEB 2025
... - is that funds have no financial incentive to staff appropriately to help people with these claims, because they don't profit from doing so. Furthermore, O'Neill said until recently, there'd been an "utter dearth" of any regulatory body seeking to hold ...

Bravura delivers profit, pays special dividend

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2025
Bravura has delivered an underlying net profit of $11.3 million in 1H25, up $13 million compared to 1H24. Following the turnaround in financial performance, Bravura said it is now able to recommence dividend payments. In addition, a special dividend ...

Investment down as uncertainty rises

ELIZA BAVIN  |  FRIDAY, 7 FEB 2025
... was starting to "chip away" at profits. "Many businesses have been able to pass on higher costs to customers. This kept profit margins around pre-pandemic averages. But total business profits fell over the past year, with large falls in the mining industry ...

JANA revamps research team

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025
... consulting offering by expanding its proposition to serve a broader range of clients, including superannuation, not-for-profit, insurance, and wealth segments while delivering tailored, strategic solutions for institutional investors.

Pinnacle delivers 'flawless' half-year performance: Analyst

KARREN VERGARA  |  THURSDAY, 6 FEB 2025
... affiliates. Fourteen out of 15 affiliates saw FUM grow except for Firetail which was down 9%. Pinnacle's share of affiliates' net profit after tax (NPAT), was $74.3 million, up 99% from $37.3 million year on year. Pinnacle managing director Ian Macoun ...

Mercer appoints chief investment officer from TelstraSuper

ANDREW MCKEAN  |  THURSDAY, 6 FEB 2025
... has built," Davies said. Separately, TelstraSuper confirmed last year it will merge with Equip Super, which will create a profit-to-member fund with more than $60 billion in funds under management and over 225,000 members. The successor fund transfer ...

Lendlease makes $235m divestment

ELIZA BAVIN  |  FRIDAY, 31 JAN 2025
... transactions to $2.2 billion. The sale is anticipated to contribute approximately $70 million to Lendlease's FY25 operating profit after tax. Capella Capital was established in 2009 in a partnership between Lendlease and Capella management. Capella currently ...

K2 appoints chief executive, wins mandate

KARREN VERGARA  |  WEDNESDAY, 29 JAN 2025
... an increase of revenue by circa 15%. This new investment mandate contributes to our key focus on delivering sustainable profit for the funds management pillar of the business, in line with the other diversified business pillars," Wight said. K2 operates ...

Netwealth, Praemium see inflows soar

ELIZA BAVIN  |  THURSDAY, 23 JAN 2025
... initiatives. "These investments aim to capaitalise on both existing and emerging market opportunities, to drive sustainable profit growth and benefits to our customers and members," it said. In addition, Netwealth advised that on 1 March 2025 there will ...