Commonwealth Bank of Australia FY12 Net Profit Up 11%

by Monica Gerson, Benzinga Staff Writer
August 15, 2012 5:18 AM | 15 seconds read | Make a Comment
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Commonwealth Bank of Australia
CMWAY
reported an 11% surge in its net profit in fiscal 2012. The bank's net profit surged to 7.09 billion Australian dollars (US$7.4 billion). Its cash profit gained 4% to A$7.11 billion. Commonwealth Bank of Australia shares closed at $58.26 yesterday.
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