The S&P/ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went down 0.35% on Thursday.
Australian Dollar ($A) (AUDUSD): 70.97US cents
Dow Jones (DJI): down 0.40%
Oil (WTI): $US56.84 per barrel
Gold: $US1,323 per ounce
ASX Sharemarket News
In ASX sharemarket news, Auckland International Airport Limited (ASX: AIA) has reported its half year report to December 2018.
Income grew by 11.5% to $370.6 million but reported profit fell by 11.3% to $147.2 million, partly due to a large decrease in depreciation. Auckland Airport has declared a dividend 2.3% higher to 11 cents per share.
Auckland Airport Chairman Patrick Strange said: “We are starting to see the early benefits of our multi-billion, inter-generational aeronautical programme delivering significant new capacity, resilience and choice for our customers, airline and operational partners.”
[ls_content_block id=”15758″ para=”paragraphs”]
MyState Limited (ASX: MYS) is another one to have reported its half year result to December 2018.
The Tasmanian-based financials business said that revenue from operations fell 3.1% to $62.7 million and net profit fell by 9% to $15.8 million. Mystate decided to pay a consistent dividend of 14.25 cents per share.
MyState said the reason for the profit decline was due to higher funding costs as well as investing to deliver a new platform that will hopefully drive growth of its funds management division.
Popular Stories:
- Here’s Why The A2 (ASX:A2M) Share Price Could Go Nuts
- Is The Woolworths (ASX:WOW) Share Price A Buy After Reporting?
- HY Report: Why The Altium (ASX:ALU) Share Price Could Go Nuts Tomorrow
- Your 30-second Guide To The Banking Royal Commission Report
Hansen Technologies Limited (ASX: HSN) has reported its half year result to December 2018.
The utility software business said that compared to the first half of FY18: operating revenue declined by 5% to $112.4 million, EBITDA fell by 16% to $28.5 million (click here to learn what EBITDA means) and net profit dropped by 28% to $12.9 million.
Hansen CEO Andrew Hensen said: “First half 2019 was a pleasing result. While the revenue was down on 1H18 due to lower non-recurring, it was consistent with 2H18.”
[ls_content_block id=”14948″ para=”paragraphs”]