Profit reports

Profit reports
The company profits are coming in with the tail end of the August profit reporting season. Here are the latest reports.

Global construction and development giant Lendlease reported a 9 per cent lift in full-year net profit to $758.6 million.

Plumbing products designer and manufacturer Reliance Worldwide posted a net profit of $65.6 million in its first full-year financial results, beating its prospectus forecast.

Footwear retailer RCG’s net profit slipped 2.6 per cent to $29.2 million.

Spark Infrastructure posted a 2.9 per cent increase in half year net profit of $48.9 million.

Adairs reported earnings before interest and tax fell 21.5 per cent to $30.8 million.

Murray River Organics posted a $6 million statutory loss.

Telco Amaysim’s net profit after tax fell 7 per cent to $11.5 million.

 



An award winning author and journalist, commentator, lecturer, and speaker, Leon is a freelance business journalist who covers a range of areas including politics, strategy, globalization, leadership and all the big trends ahead. His main skill is summing up all the news that’s around. For the last 30 years, his main focus has been on management issues. He also produces two podcasts for RMIT University, Talking Business and Talking Technology. Leon has worked for Fairfax, News Limited, AAP and the Herald and Weekly Times.