News about profit
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    LG Electronics returns to profit

    LG Electronics posted its first profit in three quarters, beating expectations thanks to a revival in its mobile business and demand for high-end TVs.

  • Webjet annual profit up 5 pct

    Online travel agent, Webjet Ltd, has lifted annual profit by five per cent, and says it expects to double the result in the current year.

  • Optus posts 5 pct fall in Q1 profit

    Optus has posted a five per cent fall in quarterly profit, describing the result as "resilient" amid intense competition.

  • Reckon maintains profit growth

    The improved performance of local business and professional divisions has helped Australian accounting software firm, Reckon (ASX:RKN), record a net profit after tax of $9.3 million, up five per cent year-on-year, for the half year to 30 June 2011.

  • Data#3 forecasts revenue of $697m for 2010-11

    ICT company Data#3 (ASX:DTL) has forecasted profits for the financial year ending 30 June 2011 to exceed previous guidance, with total revenue pegged to climb to $697 million.

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