Business
ASX slips; Harvey Norman’s record year; PointsBet up 72% on NBC deal – The Sydney Morning Herald
The ASX 200 fell 0.7% at the open, even after Wall St rose on an historic shift in US monetary policy. Harvey Norman and Costa Group rose on their results.
The large statutory net loss was expected, after the company flagged substantial details of its results early this week, when it revealed the $1.3 billion-plus impairment. But Boral did not reveal until today the bottom-line result.
The company, which recently appointed Zlatko Todorcevski as its new chief executive to succeed long-serving leader Mike Kane, will not pay a final dividend. It said it would not pay a final dividend because of the significant uncertainty in the economic outlook, and…
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