Earnings reports: Qantas, Wesfarmers & Blackmores
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Qantas Airways Limited (QAN) reported a record underlying profit before tax of $1.53 billion, up 57% from $975 million, the best result in its 95 year history. Qantas also saw revenue increase by 2% to $16.2 billion:
Wesfarmers Limited (WES) posted a full year Net Profit after Tax of $407 million down 83%. This included previously announced write-downs from retailer Target and its Curragh coal business:
Blackmores Ltd (BKL) posted an in-line with consensus 115% lift in net profit to $100m. The result was driven most by its core Australian operations, together with triple-digit revenue growth in its fastest expanding market, China:
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CommSec is Australia's leading online broker. CommSec has been committed to providing the best in online trading since 1995. CommSec helps make informed investment decisions with comprehensive market research, free live pricing and powerful...
Expertise
No areas of expertise