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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.
David Bortolussi
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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
Australian Dollar
Aurizon Holdings Ltd
Audinate Group Limited
Lendlease Group
Westpac Banking Corp
Bendigo and Adelaide Bank Ltd
BlueScope Steel Ltd
Findi Limited
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AUS
IND
Richard Fennell
Anthony Miller
David Bortolussi
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