Sharemarket and Market Trading News

Read the latest Australian sharemarket trading and Australian Business news.

WHK Group $5.2m Profit Down 22% 1H2013

Financial advisory WHK Group (WHG) have announced its first half financial results for 2013 to its shareholders and investors on the Australian stock market.

  • WHK Group posted Net profit of $5.2 million, down 22 percent from $6.7 million on the previous corresponding period.
  • WHK revenue fell 2 percent to $210.9 million.
  • WHK Group also made 123 positions redundant at the cost of $3.2 million.
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QBE Insurance Profit US$761m FY2012

Insurance company, QBE Insurance Group (ASX:QBE) have reported its full year financial results to shareholders and investors on the Australian stock market.

  • QBE Insurance Net Profit US$761 million up 8 percent from US$704 million in FY 2011.
  • QBE full year insurance profit margin was 8 percent, up from 7.1 percent.
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Atlas Iron $256m Loss 1H2013

Iron Ore Mining company Atlas Iron (ASX:AGO)has announced its first half year results for 2013 to its shareholders and investors on the Australian stock market.

  • Atlas Iron posted a full year Net Loss of $256 million, down from a $6.08 million profit in 2011.
  • The financial loss includes $455 million in impairment charges on Atlas' undeveloped Horizon 1 and 2 project areas and other tenements.
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Crown $180.8m Profit, Down 34% 1H2013

Casino company Crown Casino (ASX:CWN) have reported their first half profit results to its shareholders and investors on the Australian stock market.

  • Crown posted a $180.8 million Net Profit, down 34.1 percent from $274.4 million in the previous corresponding period.
  • The result included a $74.3 million loss on Sydney and Queensland casino operator Echo Entertainment. Crown has a 10 percent stake in Echo.
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Caltex $57m Profit FY2013

Fuel distribution company, Caltex Australia (ASX:CTX) have announced its full year profit results for 2012 to its shareholders and investors on the Australian sharemarket.

  • Caltex Australia Net Profit of $57 million, up from a loss of $714 million in the previous year.
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Transpacific Industries $42m Profit 1H2013

Waste management company Transpacific Industries Group (ASX:TPI) have announced its first half financial results to its shareholders and investors on the Australian stock market.

  • Transpacific Industries Group posted a first half net profit of $42 million, up from $16.5 million in the previous corresponding period.
  • TPI underlying net profit up to $35.8 million from $25.2 million.
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Sims Metal $295.5m Loss 1H2013

The world's largest scrap metal and electronics recycling company, Sims Metal Management (ASX:SGM) have announced its first half financial results for 2013 to shareholders and investors on the Australian stock market.

  • Sims Metal Management $295.5 million loss for the half year, an improvement over $633.2 million loss in the previous corresponding period.
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