Qantas Swings To Loss
Qantas Airways Ltd (OTC: QUBSF) reported a loss for the year to June 30.
Qantas posted an annual net loss of 245 million Australian dollars (US$257.4 million), versus a year-ago profit of A$250 million.
Its underlying pre-tax profit came in at A$95 million. However, analysts were expecting underlying pre-tax profit of A$65.9 million.
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