header nav1

Profit News

Monday December 10, 2018

Loading Icon
Corporate Governance and Risk Management
Business
Tuesday December 12 2017

Corporate Governance and Risk Management

It is public knowledge in NZ that Fletcher Construction has taken a large profit write down on two significant projects in Auckland and Christchurch to the...

Downer Shares Soar
Business
Wednesday November 29 2017

Downer Shares Soar

Shares in Downer EDI have soared following an upgrade to the engineering group's full-year profit guidance after it found larger-than-expected cost savings following its Spotless purchase.

Monadelphous Forecasts Jump in Revenue
Business
Wednesday November 22 2017

Monadelphous Forecasts Jump in Revenue

Shares in Monadelphous Group have jumped to a four year high after the engineering services firm revealed a solid pipeline of orders and forecast a 30...

US:Equipment Demand Boosts Caterpillar Profit
Business
Saturday October 28 2017

US:Equipment Demand Boosts Caterpillar Profit

Caterpillar's third-quarter profit has surged on demand for construction equipment, topping Wall Street expectations.

Fulton Hogan Lifts Profit 6.5pc
Business
Thursday September 28 2017

Fulton Hogan Lifts Profit 6.5pc

Fulton Hogan lifted annual profit 6.5 per cent as the privately-held civil construction firm benefited from a growing infrastructure spend across the nation.

Westfield Half-year Profit Up 20%
Business
Friday August 18 2017

Westfield Half-year Profit Up 20%

Westfield Corporation, the owner of shopping centres in the US and UK, has met its half-year earnings forecasts but says retail conditions have been challenging.

Fletcher’s ‘Tough year’
Business
Thursday August 17 2017

Fletcher’s ‘Tough year’

Fletcher Building chairman Sir Ralph Norris has stopped short of accepting responsibility for losses in construction projects and says chief executive Mark Adamson was dumped after...

CIMIC Boosts Dividend as Profit Grows
Business
Wednesday July 19 2017

CIMIC Boosts Dividend as Profit Grows

Construction and contract mining giant CIMIC has rewarded shareholders with a 25 per cent increase in dividends as revenue growth in all of its core businesses...

CSR Shares Slide on Weak Aluminium Result
Business
Thursday May 11 2017

CSR Shares Slide on Weak Aluminium Result

Shares in CSR have fallen sharply after earnings in the building products supplier's aluminium division took a fall.

Business
Aug 31 2018
Boral FY Profit Jumps on US Buy, Earnings

Building materials company Boral has lifted its full-year profit by nearly 50 per cent to $441 million, boosted by a strong construction market in Australia and...

749 0

Mining
Aug 23 2018
Gold Price Helps Newcrest FY Profit

Newcrest Mining has lifted full-year underlying profit by 16 per cent thanks to higher gold and copper prices but the miner's statutory result has been hit...

1,205 0

Business
Aug 21 2018
BlueScope Eyes US Growth as Profit Doubles

BlueScope Steel has sharply lifted its payout and announced a $250 million share buyback after more than doubling full-year net profit.

1,436 0

Business
Aug 8 2018
York Civil in Voluntary Administration

South Australian construction and engineering company York Civil has entered voluntary administration, but the state's transport minister says work on two major infrastructure projects will go...

2,092 0

Mining
Aug 2 2018
Rio Tinto H1 profit up 33% to $US4.4bn

Rio Tinto has delivered a 33 per cent jump in first-half net profit to $US4.38 billion ($5.9 billion), driven by a recovery in commodity prices.

980 0

Business
Aug 1 2018
Cimic Shares up After $US310m Contract Win

CIMIC's shares have jumped after the construction heavyweight secured mineral processing contracts in South Africa worth $US310 million ($418 million).

1,122 0

Business
Feb 22 2018
Resources Spending Boosts Monadelphous

Engineering services firm Monadelphous Group has lifted half-year profit by nearly a third as it rides the rebound in activity in the resources sector.

1,111 0

Business
Feb 8 2018
CIMIC Soars on Dividend Lift, New Forecast

CIMIC's shares have jumped after the construction giant raised its dividend by 13 cents on the back of a 21 per cent lift in full-year profit...

3,759 0

Mining
Feb 8 2018
Rio Rewards Shareholders as Profit Soars

Rio Tinto will deliver a record payout to shareholders after stronger commodity prices nearly doubled its full year profit.

3,832 0