Business News

Grocery retailing company, Woolworths (ASX:WOW) have announced its half year financial results for 2013 to its shareholders and investors on the Australian stockmarket.

• Woolworths have reported a Net Profit of $1.15 billion, up 19.4 percent on the prior corresponding period.
• WOW revenue from ordinary activities up 3.2 percent, year-on-year, to $30.8753 billion.
• Woolworths sales from continuing operations up 4.8 percent to $30 billion.

Financial services company and Australia's largest annuities provider Challenger Limited (ASX:CGF) have announced its half year financial results for 2013 to its shareholders and investors on the Australian stockmarket.

• Challenger Financial have announced a normalised Net Profit after tax (NPAT) of $149 million, up 17 percent. Challenger also announced a statutory NPAT of $222 million, up from $20 million.

Texas focused Oil and Shale gas company, Aurora Oil and Gas (ASX:AUT) have announced its full year financial results for 2012 to its shareholders and investors on the Australian stockmarket.

• Aurora Oil and Gas have announced revenue of US$295 million for the year, up 293 percent.
• Aurora Oil & Gas also reported an EBITDAX (earnings before interest, taxation, depreciation, amortisation and exploration) US$167 million up 320 percent.

Electronics and furniture retail company Harvey Norman (ASX:HVN) have announced its half year financial results for 2013 to its shareholders and investors on the Australian stockmarket.

• Harvey Norman have announced a half year profit of $81.9 million, down 36.5 percent from the prior corresponding half year period.
• HVN revenue down $548.819 million, from $584.110 million.

Australia's largest publicly listed wine company, Treasury Wine Estates (ASX:TWE) have announced its half year financial results for 2013 to its shareholders and investors on the Australian stock market.

• Treasury Wine Estates have announced a profit of $52.3 million, up 31 percent on the previous corresponding period of $30 million. In the prior corresponding period in 2011, the company was dealing with costs relating to its spin off from Fosters.

Junior mining company, Gindalbie Metals (ASX:GBG) have announced its half year financial results for 2013 to its shareholders and investors on the Australian stockmarket.

• Gindalbie Metals has reported a loss of $18.8 million for the half. In the previous corresponding first half the company posted a loss of $13.6 million.

Australia's largest standalone Coal mining company, Yancoal (ASX:YAL) have announced its full year financial results for 2012 to its shareholders and investors on the Australian stock market.

• Yancoal have posted a profit of $404.597 million for FY 2012, up 34.2 percent from 2011's result of $303.515 million.
• Revenue was $1.142 billion down from 2011 revenue of $1.462 billion.

Wealth Management company and fund manager, Perpetual (ASX:PPT) have announced its half year financial results for 2013 to its shareholders and investors on the Australian stock market.

• Perpetual have announced its half year results with profit at $27.3 million, up 19 percent from $22.9 million.
• The result included $6 million impairment relating to restructuring and a $5.2 million non-cash cost related to the closure of Dublin operations.

Airline company, Air New Zealand (ASX:AIZ) have announced its half year financial results for 2013 to its shareholders and investors on the Australian stock market.

• Air New Zealand have posted a Profit of NZ$100 million for the half, up 163 percent on the previous corresponding first half from NZ$33 million.
• Revenue up 3 percent to $NZ2.34 billion.

Printing company, PMP (ASX:PMP) have announced its half year financial results for 2013 to its shareholders and investors on the Australian stock market.

• PMP has had a $24 million loss for the first half, down from $4.6 million profit.
• The half year result includes $41.1 million of significant items: redundancy costs and cost of closing western Sydney printing plant.