Australia&#39;s Billabong year net profit up 14 per cent
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Surfwear maker Billabong International Ltd said today its annual net profit rose 14 per cent on strong sales. Net profit for the year ended June 30 rose to A$87 million (NZ$94.
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Barclays Bank announces a record pre-tax profit of Â£7.14bn in 2006 - up by 35% on the previous year.
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Mining giant BHP Billiton reported a record first half-profit of 6.168 billion dollars, up from 4.364 billion in the same period the previous year.
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Nextel Communications Inc. yesterday reported improved profit and revenue during its third quarter as it boosted its subscriber base to 14.
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SYDNEY: The Commonwealth Bank of Australia said it expects increased earnings in the current financial year even though home lending had eased and margins are being squeezed in an increasingly competitive financial sector.
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SYDNEY (Dow Jones)--Australian television broadcaster Seven Network Ltd. (SEV) said Tuesday net profit jumped 59% to A$93.3 million for the fiscal year ended June 26, boosted by profit proceeds from the sell down of its stake in B Digital.
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SYDNEY: Australia&#39;s largest investment bank Macquarie Bank Ltd. announced a record first-half profit of 284 million Australian dollars (219 million US), and said its full-year result was also likely to be up.
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BHP Billiton has delivered the biggest profit ever achieved by an Australian company - a $US3.38billion ($4.73billion) whopper, up 78 per cent on last year.
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Procter &amp; Gamble Co. (PG.N: Quote, Profile, Research) on Wednesday said quarterly profit jumped 14 percent, boosted by strong sales and a gain from the recent divestiture of its juice business.
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The advertising services company said fourth-quarter profit rose 13 percent to $313.9 million, slightly ahead of expectations, with revenue increases in the United States and internationally.
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SYDNEY (Dow Jones)--Insurance Australia Group Ltd. (IAG.AU) said Thursday net profit rose to A$665 million for the year ended June 30, compared with A$153 million a year earlier.
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Australian media empire Publishing &amp; Broadcasting Ltd. reported Thursday a 75 percent jump in earnings for the fiscal year ending June 30, thanks to a strong economy and a rebound in advertising revenue.
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Billabong International&#39;s shares surged yesterday after the surfware giant pushed its profit growth forecasts up to 30 per cent.
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Australian &amp; New Zealand Banking Group Ltd. Tuesday reported a 20 percent increase in net profit to 2.82 billion Australian dollars (US$2.
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BT Group PLC, Britain's largest phone company, reported a 14 percent increase in second quarter net profit on Thursday, as growth in mobile telecommunications, broadband and IT services outweighed more declines in its traditional residential telecoms revenue base.
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The world's largest mining firm, BHP Billiton, announces profits rose 41% in the second half of 2006.
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Its net income during the June to September period was 2.69tr won (Â£1.2bn), 46% up on the same period a year earlier. During the period, which is Samsung Electronics&#39; fiscal third quarter, the company said