Business News

Gambling services provider Tatts Group (ASX:TTS) have released its first half results to shareholders.

• Tatts Group Net Profit $128.3 million, down 23.1 percent from $166.9 million from the previous corresponding.
• Interim dividend 8 cents per share, fully franked, down from 11 cents.
• TTS Revenue down 13.5 per cent to $1.71 billion from $1.97 billion

Wealth management and financial services company, AMP (ASX:AMP) have announced its full year profit results to shareholders participating on the Australian stockmarket.

• AMP full year net profit $704 million, up 2 percent from $688 million in the previous year.
• Annual revenue from ordinary activities up 197 percent to $16.882 billion.

Content publisher, Fairfax Media (ASX:FXJ) have released its half year results to stakeholders, investors and shareholders.

• Fairfax Media Net Profit $386.3 million up 299.7 percent on the previous corresponding period of $135.7 million.
• However the profits were boosted from one-off gains from the sale of assets including New Zealand based Trade Me Group and the sale of its US agricultural publishing business.

Home accessories, bathroom and fixtures company, GWA International (ASX:GWA) have released their half year results for FY 2013 to shareholders and investors.

• GWA Group Net Profit $15.73 million, down 21 percent from $1993 million in the previous corresponding period.

Airline carrier, Qantas (ASX:QAN) has reported its first half results to shareholders, investors and traders.

• Qantas Net Profit for the six months to December was $111 million, up from $42 million in the previous corresponding period.
• The profit result includes $125 million payment from Boeing (BA in Nasdaq) as part of changes to Qantas' Boeing 787 Dreamliner orders

Funeral and cemetery operator, InvoCare (ASX:IVC) have released its full year results for 2012 to shareholders, investors and traders participating on the Australian stock exchange.

• InvoCare net profit of $44.5 million for 2012 full year. Up 64.7 percent from $27 million in 2011.
• InvoCare is the largest funeral, cemetery and crematorium operator in the Asia Pacific region. InvoCare owns White Lady, Simplicity Funerals among other brands.

Oil and Gas company, Woodside Petroleum (ASX:WPL) have released its full year profit results to stakeholders, shareholders and investors.

• Woodside Petroleum Net Profit $2.89 Billion, up 98 percent on the previous year.

Discount store operator, The Reject Shop (ASX:TRS) have released its FY2013 first half results to shareholders.

• The Reject Shop Net Profit $20.1 million, up 21 percent
• The discount variety store chain opened 17 new stores in the first half, with the aim of 400 outlets.

Logistics company, Toll Holdings (ASX:TOL) have announced its first half results for FY 2013 to shareholders, investors and traders.

• Toll Holdings Net Profit $192 million, up 21 percent from $158 million.
• Managing director Brian Kruger said, "Overall, the company expects its results for the second half of the year to be better than for the same period last year."

Banking and Insurance company, Suncorp Group (ASX:SUN), has announced its first half results to shareholders, investors and traders.

• Suncorp Net Profit at $574 million, up 48 percent on the previous corresponding period.
• Suncorp owns insurance brands: AAMI and GIO. Its insurance businesses made $564 million profit, from $162 million in the previous corresponding period.
• Company's written premiums increased 9 percent to $4.2 billion.