Market Overview

Bank of Queensland Expects To Post H2 Profit


Australia's Bank of Queensland (OTC: BKQNY) expects to post a profit in the second-half of fiscal 2012.

The bank expects a net profit after tax of 70 million Australian dollars (US$71.7 million) to A$75 million, versus a loss of A$90.6 million in the first half.

It projects normalised underlying profit before tax of A$220 million to A$225 million.

The bank will release full-year results on October 18.

Posted-In: profitEarnings News Guidance


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