Monash IVF profit below guidance
Monash IVF shares are down for a fourth straight day after the fertility company said its profit had fallen 2.3%, missing a guidance of modest profit growth.
Adairs says its sales were up nearly 10 per cent but strong growth caused growing pains in its distribution network, resulting in less profit than last year.
Viva Energy Group has posted a 43 per cent drop in first-half underlying profit as Australia’s tough retail environment takes its toll.
Analysts and bankers expect major lenders to cut dividend payments and tap bond markets for more funding to cope with tougher capital requirements,
IOOF’s full-year profit has dropped 67% after the wealth manager set aside $235 million to remediate advice customers over issues including fees for no service.
Fortescue Metals Group has almost tripled its full-year profit and doubled its final dividend due to robust output and soaring iron ore prices.
Boral’s shares have dropped more than 18 per cent in early trade after the building materials maker announced a full-year profit drop of 7.0 per cent.
Real estate agency McGrath - stung by fewer listings, lower property prices and retreating rents - says it recorded a full-year net loss of $15.6 million.
G8 says profit for the six months to June 30 fell by $4.8 million to $19 million after a mixed performance at its recently acquired childcare centres.
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.
BWX shares have hit their highest level since December after it met guidance, catching out traders who had bet against the troubled skincare company.
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.
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Set to be one of the world’s largest medicinal cannabis facilities, a new $160 million production site will soon be built in Greater Shepparton.