TPG Profit Down 56% After Axed 4G Plan
TPG Telecom’s decision to cease building Australia’s fourth 4G network has cost the company dearly, with profit more than halving. Profit for... Read More
The Reject Shop Post $17M Loss As CEO Search Continues
Struggling discount retailer The Reject Shop has breached its financial covenants and posted an after tax net loss of $16.9 million as... Read More
AusPost Profit Plummets Despite Record Revenue
Australia Post has reported before tax profits of $41 million for the last financial year, plummeting two-thirds from the $126 million in... Read More
Stan Near Profitability But Facing Stiff Competition
Nine Entertainment Co’s Stan streaming platform now has more than 1.7 million subscribers, but that hasn’t stopped it taking a $21.3 million... Read More
NBN Co Revenue Jumps 43% To Hit $2.8bn
NBN Co has recorded strong revenue of $2.83 billion, up 43% for the year ended June 30. The year saw a total... Read More
Mobile Users Push SoftBank Profit
Japanese telco SoftBank Corp saw its operating profit for Q1 ended June rise four percent as the number of mobile users grew.... Read More
Nintendo Profit Slips 10%
Japanese gaming giant Nintendo posted a 10% fall in quarterly profit on market expectations of a rise in costs, but with stronger... Read More
Stumbling Samsung Forecast Huge Profit Decline
Korean tech giant Samsung has forecast a 56 per cent decline in profit compared to last year for Q2 2019 off the... Read More
EXCLUSIVE:Delonghi To Open Experience Centre As Profits & Revenues Rise
Delonghi Australia is set to open a new experience centre in Australia next year and while the Company will not take orders... Read More
Ambertech Still Making Losses Despite Upturn In Lifestyle & Pro Divisions.
Sydney based distributor Ambertech, has reported its strongest growth for several years, with their Lifestyle Division reporting 7.5% growth and their Professional... Read More