It follows on from last financial year’s net loss of AU$27.1 million. …read more Source:: Open Source S
Tag: profit
StarHub’s total profit declines 15% from COVID-19 impacts
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•The telco’s enterprise business arm was the only bright spot compared to the year prior. …read more Source:: Open Source S
LG sees Q1 profit rise 21% but COVID-19 concern lingers
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•Profits and sales are expected to drop across the board in the second quarter from the global pandemic. …read more Source:: Open Source S
Samsung Q1 profit remains stable thanks to memory demand but COVID-19 looms
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•Second quarter smartphone sales and profits are expected to suffer due to the global pandemic. …read more Source:: Open Source S
NAB’s profit takes billion dollar hit as it asks the market for AU$3b worth of funding
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•Red and black bank is seeking to raise AU$3 billion as its first-half revenue declines by 3.4%. …read more Source:: Open Source S
NAB to take AU$1.14 billion hit to its first-half net profit
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•An expected AU$1.06 billion reduction in capitalised software balance is partly to blame. …read more Source:: Open Source S
ING Australia posts AU$440m profit amid commitment to environmental sustainability
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•The 20-year old bank said it upped its operational efficiencies through the use of artificial intelligence, automation, and robotics. …read more Source:: Open Source S
Kogan ends H1 with nearly 1.7m customers and AU$9m in profit
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•The company went live with its Kogan Super, Kogan Mobile NZ, Kogan Credit Cards, and Kogan Energy brands during the six-month period. …read more Source:: Open Source S
Reckon’s FY19 profit gets a boost from cloud and mobile products
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•It comes as the company stabilises following the aborted sale of its practice management accountant group business. …read more Source:: Open Source S
ASX posts AU$250m after-tax H1 profit as it builds the ‘exchange for the future’
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•The ASX also said its blockchain-based CHESS replacement project is on-track for industry-wide testing in July. …read more Source:: Open Source S