Earnings reports: Qantas, Wesfarmers & Blackmores
Qantas Airways Limited (QAN) reported a record underlying profit before tax of $1.53 billion, up 57% from $975 million, the best result in its 95 year history. Qantas also saw revenue increase by 2% to $16.2 billion: Wesfarmers Limited (WES) posted a full year Net Profit after Tax of $407 million down 83%. This included previously announced write-downs from retailer Target and its Curragh coal business: Blackmores Ltd (BKL) posted an in-line with consensus 115% lift in net profit to $100m. The result was driven most by its core Australian operations, together with triple-digit revenue growth in its fastest expanding market, China: For more Reporting Season coverage, please visit (VIEW LINK)
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