Business
ASX falls 0.4%; Banks and Afterpay rise, miners and CSL drop – The Sydney Morning Herald
The ASX has backed away from its near 11-month high with the big miners and CSL sagging. The major banks and Afterpay were higher.
The rate of sales revenue growth has been lower than sales orders due to the extended lead times caused by delays in raw materials to our suppliers and shipping issues which continue to be challenging, the company said.
Despite the delays, Nick Scalis heightened profit means the business will pay shareholders a 40 cent per share interim dividend, up 60 per cent from the prior half. Around $4.4 million, or 13 per cent, of the dividend will be paid to managing director and majority shareholder Anthony…
-
Noosa News23 hours agoMajor crash on Gateway Motorway snarls morning commute
-
Noosa News19 hours agoDriver arrested after life-threatening hit-and-run on outskirts of Ipswich, Queensland
-
Business21 hours agoThis ASX 200 mining stock is eyeing the lithium throne
-
Business19 hours agoThe best ASX shares to buy and forget for 10+ years