Market Overview

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.

Posted-In: lossEarnings News


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