Half-year results spotlight: Woolworths rose 1.36% after releasing first half results including an 8% increase in group sales.
Earnings season continued today with a number of company’s releasing half yearly results including;
Supermarket giant Woolworths released first half results today including an 8% increase in group sales, but a 6.5% decline in net profit after tax and a 5.1% drop in basic earnings per share, as the company faced heavy supply chain issues and staff challenges amid the spread of Omicron.
Shares in Woolworths rose 1.36% after the results were released.
Healthcare company Healius also reported first half results today including revenue growth of 44.2% and underlying net profit after tax up 226.2% driven by strong demand for COVID testing services.
Shares in Healius rose 5.25% after the results were released.
And WiseTech Global also released impressive first half results today including strong top and bottom line growth with total revenue up 22%, net profit after tax up 77% and a 76% increase in the logistics solutions tech company’s interim dividend.
WiseTech Global shares jumped 4.1% following the release of the results.
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