Business
2 of the best ASX 200 results from last week
Last week was another very busy one for investors with a seemingly endless stream of results releases.
I have been through them all and have picked out two results which I think were among the best released over the period. They are as follows:
Australia and New Zealand Banking GrpLtd (ASX: ANZ)
This banking giant released its first quarter update last week to much acclaim. For the three months ended 31 December, ANZ reported unaudited cash earnings from continuing operations of $1,810 million. This was an impressive 54% jump on the average of the final two quarters of FY 2020. Management advised that this was driven partly by improvements in its net interest margin and flat operating costs.
Another positive was the bank revealing…
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