The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
asx 200 reporting season highlights mixed results from major companies
Westpac reported a 9% YoY decline in NPAT to $1.7 billion, citing cost of living pressures and high interest rates, while its share price fell over 4%. Bendigo and Adelaide Bank's NPAT dropped 23.2% to A$282.3 million, impacted by margin pressures. BlueScope Steel's NPAT plummeted 59% to A$179.1 million, despite a 12% share price surge, while A2 Milk achieved a 7.6% NPAT growth to A$91.7 million, bolstered by market share gains. Lendlease returned to profitability with a statutory NPAT of A$48 million, and Aurizon announced a dividend despite a 4% earnings reduction.
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