Business
Domino’s rockets, Collins Foods delivers strong result, GPT offloads asset
At lunch on Tuesday the S&P/ASX 200 Index (ASX: XJO) is on course to start the month on a positive note. The benchmark index is currently up 1% to 6,583.6 points.
Here’s what has been happening on the market today:
Collins Foods’ strong half year result.
The Collins Foods Ltd (ASX: CKF) share price is pushing higher today after the release of its half year results. Thanks largely to the strong performance of its KFC Australia business, Collins Foods delivered solid revenue and earnings growth in the first half of FY 2021. For the six months ended 30 September, the company reported 11.3% increase in revenue compared to the prior corresponding period to $499.6 million. And on the bottom line, underlying net profit after tax came…
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