Market Overview

ASX H1 Profit Down 2.5%

Related ASXFY
ASX Full-Year Net Profit Rises 2.7%
ASX Fiscal-Year Profit Down 3.7%

ASX (OTC: ASXFY) reported a 2.5% drop in its first-half profit.

ASX's net profit for the period fell to A$171.1 million Australian dollars (US$175.5 million), from A$175.6 million, in the year-ago period.

Its underlying profit declined 5.3% to A$171.1 million, from A$180.7 million, in the year-ago period. However, analysts were expecting underlying profit of A$168.3 million.

Its cash market revenue dropped 18% to A$54.9 million. ASX also announced its plans to pay an interim dividend of 87.9 cents, versus 92.8 cents in the year-ago period.

ASX shares closed at $38.01 yesterday.

Posted-In: profitEarnings News

 

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