Santos revenue up with lower production
July 24, 2008
Oil and gas producer Santos has reported a lift in revenue despite a drop in half year production due to the suspension of gas processing on Varanus Island.
Transurban toll revenue jumps
Toll road operator Transurban has reported an increase in annual revenue from tolls and fees on its roads in Australia and the United States, helped by higher traffic volumes and toll increases.
Telstra to outdo profit guidance
Telstra is expected to do better than its guidance when it reveals its annual profit results this week, as it increases revenue from its Next G mobile services.
Tolls boost Transurban revenue
Transurban reports an increase in annual revenue from tolls and fees on its roads in Australia and the US.
Telstra jumps Optus in mobile revenue
Telstra Corp Ltd's mobile phone revenue has surged, extending Australia's biggest telecommunications company's lead over rival Optus in the segment.
Qantas passenger revenues up 4.3%
Qantas says its May group passenger numbers increased by 3.9 per cent over the previous year.
Transurban tolls and fees pay off
Toll road operator Transurban Group has reported an increase in annual revenue from tolls and fees on its roads in Australia and the United States.
Telstra make $24.8b in sales revenue
Telstra's profit grew 13.3 per cent in the year to June 30, on a jump in mobile phone revenue as customers took up services with the Next G network.
Woodside Q2 revenue up 52%
Woodside Petroleum Ltd has posted a 52 per cent jump in second quarter sales revenue, after production rose and the price of crude oil soared.
Qantas full-year profit up 44%
Qantas has increased its full year profit by 44.1 per cent but says it is starting to feel the effect of higher fuel costs amid an uncertain economic outlook.
Santos swells revenue even as production dwindles
THE recent blast at the Varanus Island gas facility, coupled with the sale of a 40 per cent stake in a planned LNG project, will continue to drag down Santos' production this year, the oil and gas company said yesterday.
Woodside revenue surges
Woodside posts a 52% jump in second quarter revenue, after production rises and crude oil prices soar.
Qantas gets more passengers
Qantas says its passenger numbers in May increased by 3.9% over the previous year.
Crown reports $370.1m in profit
Casinos operator Crown Ltd says its Australian casinos have been trading satisfactorily since the start of the 2008/09 financial year.
Babcock's jig is up
The writedowns have begun, corporate finance has been axed, and a fire sale of assets is now on. Babcock's survival hinges on this.
Qantas profit up but outlook uncertain
Qantas expects a 41 per cent fall in profit this financial year as the airline faces the headwinds of rising fuel costs and a slowing global economy.
No Telstra broadband 'on current terms'
Telstra is unlikely to win the right to build the proposed national high-speed broadband network if it insists on wholly owning it, an analyst says.
Babcock & Brown shares dive on fee flow fears
Babcock & Brown, the worst- performing stock on the MSCI Asia-Pacific Index, fell on concerns that credit market turmoil may cut proceeds from asset sales to reduce debt.
Wesfarmers expecting solid growth
Coles owner Wesfarmers has delivered a 33.6 per cent rise in annual profit and expects solid growth again this year despite a tougher economic environment.
Santos sales rise despite output drop
Oil and gas producer Santos has reported a lift in revenue despite a drop in half-year production.
Mobiles, wireless lift Telstra
Telstra profit grows 13% to $3.7b, helped by higher mobile phone and wireless data sales.
Babcock & Brown 'set to meet guidance'
Investment group Babcock & Brown says it is on track to meet its full year earnings target.
Orica to demerge consumer products
Orica Ltd plans to demerge its consumer products business into a separate company and raise up to $900 million through an entitlement offer.
Australian merchant bank Babcock and...
Babcock & Brown Ltd., Australia's second-largest merchant bank that last week lost half its market value, is accelerating an examination of its listed funds as it faces its...
Leighton reports 37% profit rise
Leighton Holdings announced a 37 per cent increase in net operating profit for the first nine months of fiscal 2008.