Business News

Copper and Gold Mining Company, Pan Australian Resources (ASX:PNA) have reported its full year results to its shareholders, share traders and investors.

• PanAust has a full year net profit of US$142.27 million up 8 percent on the previous year.
• Revenue was up 24 percent to US$712.70 million.

Global pallet supply company Brambles (ASX:BXB) has reported its half year results to shareholders, traders and investors.

• Brambles Net Profit for first half FY 2013 was US$320.5 million, up from US$239.5 million in the previous corresponding period.
• BXB underlying net profit US$490 million, up 7 percent.

Content publishing company, APN News & Media (ASX:APN) have reported its results to shareholders, investors and share traders.

• APN posted a $455.8 million Loss for the 2012 full year result from a loss of $45.1 million in the previous year.
• APN revenue from continuing operations up 2 percent to $857.2 million while revenue from discontinued operations down 69 percent to $71.4 million.

Stockmarket operator Australian Securities Exchange (ASX:ASX) have reported the results of company performance to shareholders.

• ASX Net Profit for the half $171.1 million, down 2.5 percent from $175.6 million in the previous corresponding period.
• Underlying profit down 5.3 percent to $171.1 million, from $180.7 million.

Aluminium producer, Alumina (ASX:AWC) have reported its 2012 full year profit results to shareholders.

• Alumina full year loss of US$152.9 million down from a loss of US$47.3 million in the previous corresponding period.
• Losses from foreign exchange contributed almost US$90 million among other losses. If those item are excluded: Alumina net loss of US$62.1 million from a Net Profit of US$126.6 million in 2011.

Cement production company, Adelaide Brighton (ASX:ABC) has released its full year profit results to its shareholders and investors.

• Adelaide Brighton Net Profit of $154.2 million, up 3.9 percent from the previous year.
• ABC Annual Revenue $1.1762 billion up 6.9 percent.

Australia's largest industrial property trust and the world's second biggest property manager by market value Goodman Group (ASX:GMG) has reported its first half results for FY 2013 to shareholders, investors and traders participating on the Australian stockmarket.

• Goodman Group Net Profit of $154.6 million, down 22.7 percent.
• Goodman Operating profit of $266 million, up 16 percent.

Insurance firm IAG (ASX:IAG) has released its first half results to shareholders, investors and traders.

• Insurance Australia Group IAG half year Net Profit $416 million, up from $144 million in the previous corresponding period.
• Chief executive Mike Wilkins said, "This is a strong half year result and, based on the momentum in the business, we're confident about our outlook."
• Cash profit $684 million, up from $155 million

Transport payments company Cabcharge (ASX:CAB) have reported its first half results to shareholders.

• Cabcharge Net Profit $33.3 million, up 28.5 percent from $25.94 million in the previous corresponding period.
• Cabcharge broadened its product range with gift card sales increasing by 15 percent.

Casino operator, Echo Entertainment (ASX:EGP) have released its first half results for FY 2013 to shareholders.

• Echo Entertainment net profit down 5.3 per cent to $66.5 million for the 6 month period from $70.2 million in the previous corresponding period.
• EGP revenue up 4.2 per cent to $912.6 million