St George profit $782m
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St George Bank, Australia&#39;s fifth-largest, says annual net profit rose 18 per cent to A$717 million ($782 million) on stronger housing and business lending and it forecasts double-digit
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Global mining giant Anglo American said its net profit struck 7.304 billion dollars (4.963 billion euros) last year, up 18 percent on 2006, boosted by high output and soaring metals prices.
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The company gets its highest profit margins from a conspicuously old economy business.
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ST GEORGE Bank chief executive Gail Kelly yesterday delivered a bullish two-year forecast of double-digit earnings growth, as an expansion of business lending and new branches in Victoria helped the nation&#39;s fifth-biggest bank withstand a margin crunch to
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Coles Myer, three years into a five-year turnaround journey, bettered its guidance with a record annual net profit of $576.5 million on Wednesday and said it was well on the way to meeting its target of $800 million in fiscal 2006.
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CORUS, the British/Dutch steel major, and one-time basket-case of British industry, yesterday completed a remarkable turnaround when it posted its first profit since it was formed from the merger of British ...
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Pinewood Shepperton yesterday reported a 32% rise in first-half profits as the film studio business reported its maiden results following a Â£92m flotation this year.
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Britannia Building Society thanks its recent purchase of Bristol & West for lifting first-half profits to a record Â£76m.
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The publisher said second-quarter profit rose 25.4 percent, to $277 million, driven by good results at its Standard & Poorâs unit.
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The company reported net income for the fourth quarter of $632 million on restructuring moves and tax benefits, which more than offset lower aluminum prices.
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The data storage vendor said second-quarter profit rose to $334.4 million as it recorded double-digit sales gains at its biggest businesses.
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DETROIT -- General Motors Corp. reported Wednesday it earned $950 million for the last three months of 2006, its first quarterly profit in two years.
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The discount carrier posted quarterly net income of $162 million on strong demand.
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LONDON (CBS.MW) -- CSM (NL:33426) eased 0.8 percent after saying it expects to sell its sugar confectionary unit for 850 million euros to private equity investor CVC Capital Partners.
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The company has signalled profits of between Â£285 million and Â£295 million, down on Â£311 million a year ago, following a poor run of sales.
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By Morag MacKinnon Of DOW JONES NEWSWIRES SYDNEY (Dow Jones)--Australia&#39;s fifth-largest lender, St. George Bank Ltd. (SGB.AU) reported an 18% rise in full year net profit to A$717 million on Monday, and separated
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Anglo American reported a 76 percent increase in annual profit as it increased production capacity and benefited from higher metal prices. It also said it would buy back $3 billion worth of its shares. Anglo said profit for 2006 came to nearly $6.2 billion, up from $3.52 billion the previous year. Revenue rose 12 percent, to $38.6 billion. Excluding one-time items, Angloâs profit rose 46 percent, to $5.5 billion. The company did not break out quarterly results. âOur strong performance was due to increased production across the majority of our businesses and higher prices, in particular for base metals, platinum and iron ore,â the chief executive, Tony Trahar, said. Operating profit from gold rose 41 percent, the company said. Operating profit from diamonds was down 21 percent.