SYDNEY: ASB Bank, a subsidiary of Commonwealth Bank of Australia, posted a 1% decline in cash net profit after tax to NZ$1.35 billion for the year ended June 30, citing increased operating expenses and continued investment in technology and customer…
SYDNEY: Spark New Zealand has agreed to sell a 75% stake in its data center business to Pacific Equity Partners (PEP). The deal values the business at up to $705 million. This sale is intended to provide a funding pathway…
SYDNEY: Westpac Banking Corporation on Tuesday announced the appointment of Carolyn McCann as Chief Executive of its Consumer division, effective immediately. McCann, who has served as Acting Chief Executive since May 12, brings nearly 30 years of corporate experience, including…
Company’s reported revenue grew by 8% to $1.18 billion SYDNEY: CAR Group Ltd. announced its full-year results for FY25 on Monday, reporting excellent revenue and earnings growth across all key markets. The results, which align with the company’s estimates from…
MELBOURNE: JB Hi-Fi Ltd. reported a 10% rise in full-year sales to $10.55 billion, driven by strong consumer demand and strategic product launches across its Australian and New Zealand operations. Net profit after tax rose 5.4% to $462.4 million, while…
The company posted a statutory net profit after tax of A$17.3 million for the six months MELBOURNE: Financial technology firm Iress Ltd. (ASX:IRE) reported a 19% rise in underlying earnings per share from its continuing business in the first half…
Company posts increase in like-for-like net property income growth to 2.9% SYDNEY: Dexus Convenience Retail REIT (DXC) announced its full-year results for the period ending June 30, 2025, confirming a distribution of 20.7 cents per security. This figure is slightly…
SYDNEY: Cash Converters International Limited (ASX: CCV) has acquired 14 franchise stores across New South Wales, Queensland, and Victoria, continuing its aggressive expansion of corporate-owned outlets in Australia. The acquisitions include: All transactions were funded from available cash and completed…
SINGAPORE: Tuas Limited (ASX: TUA), through its subsidiary Simba Telecom, announced Monday it will acquire M1 Limited (excluding its ICT businesses) for S$1.43 billion, aiming to create a stronger, more competitive telecommunications player in Singapore. The acquisition, subject to regulatory…
SYDNEY: Centuria Industrial REIT (ASX: CIP), Australia’s largest domestic pure-play industrial real estate investment trust, posted a 2% year-on-year increase in Funds From Operations (FFO) to $110.9 million for the fiscal year ended June 30, 2025. The REIT delivered 17.5…
Company’s net profit for FY25 reached $94.1 million, which is a 16% increase over the previous year SYDNEY: Credit Corp Group Limited (ASX: CCP), a provider of debt purchasing and consumer lending services, announced a solid recovery for the 2025…
MELBOURNE: Vitrafy Life Sciences Limited (ASX: VFY) reported a significant increase in cash reserves and outlined aggressive commercialisation plans for FY26, following a year of strategic progress in cryopreservation technology across multiple sectors. The company closed FY25 with A$29.6 million…