Business
ASX seesaws; jobless rate falls to 6.4pc – The Australian Financial Review
The Australian sharemarket is rising after trading lower for the morning; ANZ reports Q1 cash profit of $1.8b; Woodside achieves record production; CSL declares…
South32 said weaker commodity prices and a high Australian dollar offset a boost in sales volumes in its first half ended December 31.
The company reported a net profit for the period of $US53 million ($68.4 million), down 46 per cent on the prior first half.
The company declared an interim dividend of US1.4¢ per share fully franked.
The company said underlying EBIT declined by 4 per cent to $US282 million but underlying earnings rose by 4 per cent to $US136 million.
Underlying earnings is a key…
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