🕒 Wednesday 12 February 2025 Wed, 12 Feb 2025
119 Articles
Lefroy and BML Forge 50-50 Profit Deal to Unlock Lucky Strike Gold
Lefroy Exploration has partnered with BML Ventures under a profit-sharing agreement to develop the Lucky Strike gold deposit, aiming to start mining operations in the second half of 2025. This collaboration leverages BML's mining expertise and funding, while Lefroy retains half the profits from the project.
12 Feb
Maxwell Dee
EMVision Accelerates Brain Scanner Trial with US Ethics Approval
EMVision Medical Devices has secured US ethics approval for its pivotal multi-centre trial of the EMVision emu™ brain scanner, paving the way for a March 2025 trial start aimed at FDA clearance.
12 Feb
Ada Torres
ASB Grows Profit 1% as Lending and Housing Support Drive Recovery
ASB reported a modest 1% increase in cash net profit after tax for the half-year ending December 2024, underpinned by rising lending volumes and strategic investments in housing and fraud prevention amid New Zealand's gradual economic recovery.
12 Feb
Victor Sage
Suncorp Declares AUD 3.00 Cash Return of Capital with Approvals Secured
Suncorp Group Limited has announced a cash return of capital of AUD 3.00 per share, backed by shareholder and regulatory approvals, with payments scheduled for early March 2025.
12 Feb
Claire Turing
Suncorp Sets Definitive Dates for Capital Return and Dividend Payments
Suncorp Group Limited has outlined a detailed timetable for its capital return, share consolidation, and dividend payments, marking a significant phase in its capital management strategy.
12 Feb
Claire Turing
Suncorp Posts $1.1 Billion Profit, Unveils $4.1 Billion Shareholder Return Plan
Suncorp Group Limited delivered a robust half-year performance with a $1.1 billion net profit, driven by favourable natural hazard conditions and the strategic sale of Suncorp Bank. The insurer plans a substantial $4.1 billion return to shareholders, underscoring its strong capital position and growth ambitions.
12 Feb
Claire Turing
Amotiv Navigates FY25 H1 Challenges with Strategic Growth and Cost Discipline
Amotiv Limited reported a modest 2.3% revenue increase in the first half of FY25, underpinned by acquisitions and strategic initiatives despite organic revenue softness and margin pressures. The company anticipates a stronger second half driven by new business wins and pricing actions.
12 Feb
Victor Sage
Amotiv Navigates Profit Slump with Strategic Growth and Cost Controls
Amotiv Limited posted a modest 2.3% revenue increase for H1 FY25 despite a 35.8% plunge in net profit after tax, driven by impairments and restructuring. The company signals optimism for FY25 growth, underpinned by new product launches and disciplined cost management.
12 Feb
Victor Sage
Amotiv Limited Declares Fully Franked Interim Dividend of AUD 0.185
Amotiv Limited has announced a fully franked interim dividend of AUD 0.185 per share for the half-year ending December 2024, signaling steady financial health and shareholder returns.
12 Feb
Victor Sage
Amotiv Reports 34% Profit Drop Amid Restructuring and Impairments
Amotiv Limited’s interim results reveal a 34.3% decline in net profit despite a 2.3% revenue increase, driven by significant impairments and restructuring costs. The company declared a fully franked interim dividend of 18.5 cents per share.
12 Feb
Victor Sage
Suncorp Posts $1.1 Billion NPAT, Returns $4.1 Billion to Shareholders After Bank Sale
Suncorp Group Limited reported a robust half-year result for 1H25, with net profit after tax nearly doubling to $1.1 billion, driven by the sale of Suncorp Bank and strong insurance operations. The company announced a substantial capital return and special dividend, underscoring its disciplined capital management.
12 Feb
Claire Turing
Arena REIT Boosts Profit and Distribution Amid Robust Growth Pipeline
Arena REIT has delivered a strong half-year 2025 performance, with significant profit growth driven by strategic acquisitions and development completions, while reaffirming its distribution guidance and sustainability commitments.
12 Feb
Eva Park
Arena REIT Posts 87% Profit Surge, Boosts Distribution Outlook
Arena REIT delivered a robust HY2025 performance with statutory net profit soaring 87%, underpinned by strategic acquisitions and development completions. The REIT reaffirmed its FY2025 distribution guidance, signaling confidence in sustained growth amid a strong social infrastructure portfolio.
12 Feb
Eva Park
Arena REIT’s Profit Jumps 87% as Property Values and Rents Rise
Arena REIT reports a striking 87% increase in net profit for the half-year ended December 2024, driven by property revaluations and rental growth. Distributions per security also rose, reflecting confidence in the group’s long-term strategy.
12 Feb
Eva Park
Suncorp Posts $1.1 Billion Profit, Returns $4.1 Billion to Shareholders
Suncorp Group delivered a robust first half FY25 with NPAT nearly doubling to $1.1 billion, driven by the sale of Suncorp Bank and favourable natural hazard outcomes. The insurer announced a $3.22 per share capital return and dividend, underscoring strong capital management.
12 Feb
Claire Turing
Suncorp Declares Fully Franked AUD 0.63 Dividend Amid Capital Reduction Approval
Suncorp Group Limited has announced a combined ordinary and special dividend totaling AUD 0.63 per security, fully franked and backed by APRA approval for a capital reduction. The payment is scheduled for mid-March 2025.
12 Feb
Claire Turing
Suncorp Group Posts Robust Half-Year Profit Surge Amid Bank Sale Transition
Suncorp Group Limited has delivered a strong half-year performance for the period ending December 31, 2024, with significant growth in revenue and net profit, while navigating the ongoing return of proceeds from its Suncorp Bank sale.
12 Feb
Claire Turing
Genesis and Partners Eye Huntly Power Station Extension to Bolster NZ Energy Security
Genesis Energy and New Zealand’s top generators are exploring extending Huntly Power Station’s life to address supply risks highlighted by winter 2024’s energy crunch.
12 Feb
Maxwell Dee
CBA Maintains Robust Capital and Liquidity Buffers Amid Regulatory Changes
The Commonwealth Bank of Australia has released its December 2024 Basel III Pillar 3 report, reaffirming strong capital adequacy and liquidity positions despite evolving regulatory frameworks.
12 Feb
Victor Sage
CBA Delivers 2.3% Cash NPAT Growth, Strengthens Franchise Amid Economic Headwinds
Commonwealth Bank of Australia reported a 2.3% increase in cash NPAT for the half year ended December 2024, underpinned by disciplined lending growth and robust capital management. The bank maintained its leadership in customer engagement and digital innovation while navigating ongoing economic uncertainties.
12 Feb
Victor Sage
Commonwealth Bank Posts 6% Profit Rise, Boosts Dividend Amid Economic Headwinds
Commonwealth Bank of Australia delivered a solid half-year performance with a 6% increase in net profit after tax and declared a fully franked interim dividend of $2.25 per share, underscoring resilience amid economic challenges.
12 Feb
Victor Sage
CBA Declares AUD 2.25 Fully Franked Dividend for FY24
Commonwealth Bank of Australia announces a fully franked ordinary dividend of AUD 2.25 per share, payable March 28, 2025, reflecting solid financial results for the period ending December 31, 2024.
12 Feb
Claire Turing
CBA Delivers 8% Profit Growth, Boosts Interim Dividend to 225 Cents
Commonwealth Bank of Australia reported a robust 8% increase in net profit after tax for the half year ended December 2024, underpinned by higher revenue and disciplined credit management. The bank declared a fully franked interim dividend of 225 cents per share, reflecting confidence amid economic headwinds.
12 Feb
Claire Turing