AAC – AUSTRALIAN AGRICULTURE COMPANY – down 12.26 per cent, or 13 cents, to 93 cents
The livestock operator announced it expected heavy livestock losses across its four flood-affected northern Queensland properties, with ‘extreme’ cattle deaths at 30,000-head Wondoola station.
BEN – BENDIGO AND ADELAIDE BANK – down 6.82 per cent, or 76 cents, to $10.39.
The regionally focused lender said its first-half profit dipped 2.4 per cent to $219 million, while its net interest income was down $11.5 million to $656.5 million.
AVJ – AVJENNINGS – down 3.54 per cent, or two cents, to 54.5 cents.
The residential property developer announced profit before tax of $2.167 million for the first half 2019 financial year, and declared an interim dividend of 1 cents a share, fully franked.
The company says while consumer confidence is down, the fundamentals of the housing market are solid.
‘Overall, the outlook for the Australian economy remains positive,’ with interest rates likely to stay low and wages starting to pick up, it said.
JBH – JB HI-FI LTD – up 1.51 per cent, or 34 cents, to $22.92.
The electronics and home entertainment retailer has lifted first-half profit 5.5 per cent to $160.1 million, while revenue rose 4.2 per cent to $3.84 billion.
AMC – AMCOR LTD – up 1.89 per cent, or 27 cents, to $14.56
The packaging company lifted its interim dividend by half a US cent to 21.5 US cents and but said its first-half profit had fallen 18.8 per cent to $US267.6 million.
IPL – INCITEC PIVOT – down 2.07 per cent, or 7 cents, to $3.31
The chemicals and fertiliser manufacturer says it will lose $10 million a week until the rail line between Townsville and Phosphate Hill re-opens following flooding in northern Queensland.