Australian Profit Announcement Season Summary

ComputerShare

Share registry services provider Computershare Ltd's (ASX:CPU) full year profit fell by 10.4 percent while net profit dropped to $264.09 million for the 12 months to June 30 from $294.76 million last year. Revenue was flat from the previous year at $1.604 billion. ComputerShare declared final dividend of 14 cents per share, 60 per cent franked, unchanged from last year.

Dominos

Domino's Pizza Enterprises (ASX:DMP) posted a 20 percent increase in full year profit and expects a 15 percent rise on top of that in the current year. Net profit rose to $21.345 million for the 12 months to June 30 from $17.814 million last earlier. Revenue added 4.5 percent to $246.659 million. The company announced a final dividend of 11.5 cents per share, fully franked.

Stockland

Developer Stockland (ASX:SGP) posted a 58 percent increase in annual profit and expects to maintain earnings in the current year. Net profit was $754.6 million for 2010-11, up 57.7 percent from $478.4 million last year. Underlying profit added 8.7 percent to $752.4 million while revenue was up 29.1 percent at $3.0152 billion. Stockland will pay a final dividend of 11.9 cents, up from 11 cents the previous year.

Cochlear

Hearing device manufacturer Cochlear (ASX:COH) booked a 16 percent increase in annual profit with a net cash position of $9.4 million compared with $113.9 million in net debt a year ago. Total revenue rose 10 percent to $809.6 million, with sales up 17 percent in constant currency terms. The company paid a final dividend of $1.20 per share, franked 70 percent.

Coca Cola Amatil

Beverage company Coca Cola Amatil (ASX:CCL) posted a net profit of $153.6 million for the six months to July 1, or a 28 percent drop, compared with $212.7 million from the previous period. CCA declared an interim dividend of 22 cents per share, up from 20.5 cents. It will be paid on October 4.

Bradken

Mining and rail equipment maker Bradken (ASX:BKN) posted a $67.56 million net profit for the 12 months to June 30, a 4.1 percent drop from the previous corresponding period. Revenue added 14.4 percent to $1.15 billion. The company declared a final dividend of 21 cents per share, fully franked (unchanged from last year).

Argo Investments

Argo Investments ( (ASX:ARG) reported an 11.8 percent rise in 2011 profit from $142.8 million to $172.1 million. Income from operations rose from $161.6 million to $191.8 million and interest income climbed from $7.4 million to $12.3 million. Final dividend remained at 13 cents (fully franked), the same as last year.

JB Hi-Fi

Electronics and home entertainment group JB Hi-Fi (ASX:JBH) posted a 7.5 percent drop in full-year net profit to $109.7 million, while sales were up 8.3 percent to $2.96 billion. Final dividend was 29 cents per share, fully franked, down from 33 cents in 2010-11. Final dividend will be paid on September 2.

FlexiGroup

Finance firm FlexiGroup (ASX:FXL) posted a $52.9 million full year cash profit, a 27 percent increase. Net profit dropped 12 percent while revenue rose 9.2 percent to $222.98 million. FlexiGroup declared a final dividend of 5.5 cents per share, fully franked, compared to 4.5 cents per share last year.

Bendigo Bank

Bendigo and Adelaide Bank (ASX:BEN) posted a 15.5 percent rise in full-year cash profit to $336.2 million. Revenue rose 9 percent to $1.24 billion. Bendigo declared a final dividend of 30 cents per share, fully franked. Full year dividend of 60 cents per share was up 2 cents from last year.