Profit reports

Profit reportsIn what is basically the final week of the profit reporting season, the company reports were pouring in. Here are the latest results.

Bluescope Steel posted a net profit after tax of $353.8 million, up 160 per cent on the previous year.

Fortescue posted a net profit of $US984 million for the year through June, a 210 per cent increase.

Online jobs operator Seek reported a record profit of $357.1 million, up 27 per cent on the prior year.

Noni B more than doubled its net profit in the year ended June 26 to $2.21 million.

UGL posted a net loss of $106.27 million in the year to June 30.

NIB’s net profit for the year ended June 30 surged 22 per cent to $92.85 million from $75.8 million the year before.

APN Outdoor Group’s net profit in the six months ended June 30 jumped 51.6 per cent to $19.53 million.

GWA swung back into the black, posting a full-year net profit of $53.68 million, up from the year-earlier loss of $16.18 million.

South African backed property trust Growthpoint Properties Australia has posted a net profit to $224.3 million, up 20.8 per cent.

Supplier of health and beauty supplies and household products McPhersons posted a full-year net profit of $11 million, up 24.4 per cent.

Medical property owner Generation Healthcare REIT reported a 2016 net profit of $51.4 million, an increase of 64 per cent.


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.

Leave a Reply

Your email address will not be published. Required fields are marked *