Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

AFT Pharmaceuticals (ASX:AFP) on track to refinance loan

27 Feb 2020 - AFT Pharmaceuticals (ASX:AFP) says its six-year term loan facility from CRG maturing on 31 March 2020 is on track to be refinanced with a three year term loan from a …

All sectors close in the red: ASX closes 2.3% lower

26 Feb 2020 - The ASX dropped at the open and continued to fall throughout the day closing 2.3% lower. Healius (ASX:HLS) shares are on the rise after the news of the Partners Group…

Bubs (ASX:BUB) posts record half year profit: ASX tracking 2.3% lower at noon

26 Feb 2020 - The ASX dropped at the open and continued to fall through mid morning trade and is now tracking 2.3% lower at noon. Polynovo (ASX:PNV) shares dropped after reporting …

Resimac Group Ltd (ASX:RMC) see net profit lift 85%

26 Feb 2020 - Non-bank mortgage lender Resimac Group Ltd (ASX:RMC) today announced a normalised net profit of $26.9 million for the 6 months to 31 December 2019, up 85 per cent on …

Hotel Property Investments (ASX:HPI) enter agreements for two new hotel acquisitions

26 Feb 2020 - Hotel Property Investments (ASX:HPI) has entered into agreements to acquire two metropolitan hotel properties for total consideration of $60 million.

PolyNovo (ASX:PNV) report $2.42 million loss for 1H

26 Feb 2020 - PolyNovo (ASX:PNV) reports a net loss for the half year of $2.42 million, that’s 26 per cent increase from last year.

Regis Healthcare (ASX:REG) see 50% drop in NPAT

26 Feb 2020 - Regis Healthcare (ASX:REG) report NPAT of $12.1 million for the first half of financial year 2020, down 50.5 per cent on the prior corresponding period.

New coronavirus cases emerge as global stocks hit again: ASX set to open lower

26 Feb 2020 - The ASX looks set to open lower this morning as US stocks plunge. The global impact of the coronavirus outbreak continues to cause concern with South Korea now report…

Universal Coal (ASX:UNV) to start legal proceedings regarding offer

26 Feb 2020 - Universal Coal (ASX:UNV) has started proceedings in the High Court of Justice of England and Wales in light of the unsolicited offer made by a wholly owned subsidiary…

Michael Hill International (ASX:MHJ) see NPAT rise 19.6%

26 Feb 2020 - Jeweller Michael Hill International (ASX:MHJ) today announced its half year financial results period ending 29 December 2019 showing statutory net profit after tax in…

Noxopharm (ASX:NOX) LuPIN trial in prostate cancer

25 Feb 2020 - Noxopharm Limited (ASX:NOX) Chief Medical Officer, Dr Gisela Mautner, talks about results from the company's LuPIN trial in prostate cancer, evaluating its lead produ…

Alumina (ASX:AWC) profit plunges as price dips

25 Feb 2020 - Alumina (ASX:AWC) today reported a statutory net profit after tax of US$214.0 million for the full-year to 31 December 2019, down 66 per cent.

Johns Lyng Group (ASX:JLG) see boost in sales lifting profit

25 Feb 2020 - Johns Lyng Group (ASX:JLG) report NPAT attributable to the owners is at $7.9 million, that’s a 1.2 per cent increase on the first half of 2019.

Oil Search (ASX:OSH) report 8% fall in profit

25 Feb 2020 - Oil Search (ASX:OSH) reports their NPAT has fallen 8 per cent to 312.4 million US dollars.

SEEK (ASX:SEK) slashes its dividend

25 Feb 2020 - Employment company SEEK (ASX:SEK) announced its results for the 6 months ended 31 December 2019 showing NPAT of $75.6 million, a decline of 24 per cent from the prior…

Dow plunges as coronavirus fears grow: ASX poised to open lower

25 Feb 2020 - Following weak leads from US markets, the ASX looks set to open lower this morning. The Dow plunged as coronavirus fears grow. More cases emerged outside of China sen…

NZ retirement company Summerset (ASX:SNZ) increase moves into Australia

25 Feb 2020 - Retirement village operator in New Zealand, Summerset (ASX:SNZ) announced an underlying profit after tax for the year ending 31 December 2019 of NZ$106.2 million, up …

Ainsworth Game Technology (ASX:AGI) see 1H loss as international sales fall

25 Feb 2020 - Ainsworth Game Technology (ASX:AGI) today announced an audited Loss after Tax of $4.0 million for the six months ended 31 December 2019.

WPP AUNZ (ASX:WPP) reports $227.6m loss for the year

24 Feb 2020 - Creative transformation company WPP AUNZ (ASX:WPP) today announced its financial results for the year ending 31 December 2019 showing net loss for the year 1,231.2 pe…

Helloworld travel (ASX:HLO) H1 profit up 4.9%

24 Feb 2020 - Travel company Helloworld travel (ASX:HLO) report profit before tax of $32.9 million, an increase of 4.9 per cent compared to the prior half year.

BlueScope (ASX:BSL) profit hit by steel price decline

24 Feb 2020 - BlueScope (ASX:BSL) today reported a 1H FY2020 net profit after tax (NPAT) of $185.8 million, down 70 per cent on 1H FY2019, and an underlying NPAT of $199.6 million.

oOh! Media (ASX:OML) NPAT down 23% on prior year

24 Feb 2020 - oOh!media (ASX:OML) today announced its financial results for the year ended 31 December 2019 (FY19) showing underlying Net Profit After Tax (NPAT) $37.9 million down…

nib Group (ASX:NHF) see 23% rise in H1 NPAT

24 Feb 2020 - nib Group (ASX:NHF) today reported net profit after tax is at $57.1 million, down 23.1 per cent on the prior corresponding period.

Jumbo Interactive (ASX:JIN) increase dividend to 18.5 cents

24 Feb 2020 - Lottery provider Jumbo Interactive (ASX:JIN) report net profit after tax rose 14 per cent to $14.4 million and EBITDA rose 17 per cent to $22.9 million on the same co…

Coronavirus caution continues on global markets: ASX poised to open lower

24 Feb 2020 - Following cautious leads from US markets, the ASX looks set to open lower this morning. Tech firms tumbled on Friday in the US. Tensions still surround the coronaviru…

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