Washington H Soul Pattinson & Co. Ltd (ASX: SOL) is an investment house business which has been on the ASX for over a century. Its origins are in owning and operating Australian pharmacies, which is where the Soul Pattinson chemist chain comes from, however, that business is now owned by Australian Pharmaceutical Industries Ltd (ASX: API), which WHSP owns 19.3% of. WHSP invests in a large number of companies across a variety of industries such as construction, resources and telecommunications.
Washington H. Soul Pattinson & Co. Ltd (ASX:SOL) is a company that is nearly as old of my grandparents (sorry Nonno and Nonna!).
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.19% at lunch.
Today Washing H Soul Pattinson & Company Ltd (ASX: SOL) announced its results for the half-year ended 31 January 2019, reporting its highest regular (underlying) profit after tax of $186.7 million.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went down 0.29% on Wednesday.
Family-run ASX businesses have a number of advantages compared to typical non-family-run businesses, here’s why.
The S&P Dow Jones Indices has announced the March 2019 quarterly rebalance of the S&P/ASX Indices.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.67% at lunch.
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went down 0.93% on Thursday.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.48% at lunch.