Business News

Furniture retailer Fantastic (ASX:FAN) has reported its first half financial results to its shareholders and investors on the Australian stock market.

• Fantastic Holdings Net Profit $13.5 million for the half year, up 2.2 percent.
• Fantastic Holdings Like-For-Like sales (comparative stores) up 1.8 percent. Revenue of $233.4 million, an increase of 2.5 per cent.

Retailer, RCG Corporation (ASX:RCG) have released its first half results to its shareholders and investors.

• RCG Corporation net profit of $6.78 million, up 13.8 percent from $5.96 million.
• RCG Corporation owns Shoe Superstore, RCG Brands (which includes Merrell shoes) and Athlete's Foot.

Theme Parks and Leisure Company, Ardent Leisure Group (ASX:AAD) have announced its half year results for 2013 to shareholders and investors.

• Ardent Leisure Net Profit $21.4 million, up 11.4 percent on the prior corresponding period.
• Ardent Leisure revenue up 9.8 per cent to $219.7 million, from $200 million.

Cinema distributor and theme park owner Village Roadshow (ASX:VRL) have announced its half year financial results to shareholders in the Australian stock market.

• Village Roadshow Net Profit $33.5 million, up 18.4 percent
• VRL Revenue was $480 million, from $470 million.
• EPS of 21.8 cents, up from 18.7 cents
• Village Roadshow owns 3 Gold Coast theme parks including Warner Bros Movie World, Sea World and Wet'n'Wild.

Fund incubator, Treasury Group (ASX:TRG) have released its half year profit results to its shareholders.

• Treasury Group $6 million profit for 2013 first half, up 43 percent.
• Treasury group is distributing an interim dividend of 17 cents per share.
• Total funds under management is up 8 percent to $17 billion.

Gold mining company St. Barbara (ASX:SBM) have released its half year financial results to its shareholders and investors.

• St Barbara Net Profit at $2.5 million, down 95 percent for the first half from $46.5 million in the previous corresponding period.
• Profits were down from the acquisition of the Gold Ridge (in the Solomon Islands) and Simberi mines (in Papua New Guinea) for which it spent $556 milion in cash and scrip.

Internet Service Provider, iiNet (ASX:IIN) have released its first half financial results for FY 2013 to its shareholders and investors.

• iiNet Net Profit of $31.9 million, up 122 percent.
• The higher revenues and profit margins comes after the company’s $132 million acquisition of South Australian Internode and Canberra based transACT.
• iiNet revenue was $474 million, up 30 percent.

Australian Infrastructure Fund (ASX:AIX) have released its financial first half results for 2013 to shareholders and investors.

• Australian Infrastructure Fund net profit $186 million, up 155 percent.
• AIX increase in profit was due to a $186 million revaluation of its stakes in Australian Airports after a $2 billion bid from the Future Fund.

Leisure retailer, Super Retail Group (ASX:SUL) have reported its first half financial results to its shareholders and investors.

• Super Retail Group Net Profit $60.61 million, up 73.5 percent from $34.94 million.
• Super Retail Group owns various retail brands including, Super Cheap Auto, BCF, Rebel Sport, Amart, Ray's Outdoor and Goldcross Cycles.

Mineral sands mining company, Iluka Resources (ASX:ILU) have announced its full year profit results to shareholders.

• Iluka Resources Net Profit for the full year was $363.2 million, down from 2011 where profit was $541.8 million.
• Iluka revenue was $1.2 billion, down from $1.6 billion.