Profit reports

Profit reportsThe biggest week of the profit reporting season continues and the company reports yesterday were coming in. Here’s a look at what was reported.

Online retailer Kogan posted a maiden profit of $800,000, double its prospectus forecast.

Ooh! Media’s net profit surged 34.8 per cent to $11.4 million, up from $8.5 million the year before.

Healthscope’s net profit surged 28.6 per cent to $181.1 million.

Virtus Health net profit for the year ended June 30 rose 11.8 per cent to $32.918 million.

Vocus Communications net profit more than tripled to $64.09 million. The profit surge came on the back of the M2 merger and acquisition of Amcom Telecommunications in July 2015

The owner and manager of Westfield shopping centres, the  Scentre Group,  reported a 6.6 per cent increase in interim reported profit to $1.15 billion.

Greencross lifted underlying net profit by 10.3 per cent to $42.1 million in the year ended June 30.

Prime Media Group posted a full year net loss of $93.56 million, down from a $35.62 million profit for the year before.

SMS Management & Technology’s net profit after tax for the year ended June 30 fell 43 per cent to $9.7 million.

Specialty Fashion Group’s net loss for the year ended June 30 was $2.19 million, compared to $4.46 million in the previous year.

Caltex Australia’s net profit for the six months ended June 30 crept up 1 per cent to $254 million.

Senex Energy narrowed its full year net loss to $33.2 million in the year ended June 30, compared to $80.6 million a year ago.

Monadelphus Group profit fell 36.7 per cent to $67.01 million.

Arconex full-year net profit fell by 50 per cent to $5.74 million from the year-earlier $11.563 million.

Mining services provider Bradken posted a $195.6 million loss for the year to June 30.

Jewellery retailr Lovisa’s net profit fell 46 per cent to $16.5 million.

Oil Search reported a profit of  $US25.6 million ($34 million) in the six months to June 30, down almost 90 per cent from $US227.5 million ($300 million) in the same period last year.


Business First is a peer-to-peer magazine: written by CEOs and other high level executives, with interviews with some of the country’s best leaders.

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