Sharemarket and Market Trading News

Read the latest Australian sharemarket trading and Australian Business news.

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

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