Rare-earths miner Lynas' Q2 revenue halves on falling prices, lower China demand
Mining Engineering Online
Source: smenet.org
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Rare-earths miner Lynas' Q2 revenue halves on falling prices, lower China demand
Mining Engineering Online
Source: smenet.org
Australia's Woolworths flags $1 billion charge against NZ stores on bleak outlook
By Rishav Chatterjee (Reuters) -Woolworths forecast on Monday a non-cash impairment of NZ$1.6 billion ($974.40 million) in its 2024 interim results, as the ...
Source: saltwire.com
Australia's Woolworths to record near $1 billion impairment for 2024
Australian supermarket-chain Woolworths on Monday said it will record a non-cash impairment of NZ$1.6 billion for its fiscal 2024 half-year results following a review of its New Zealand Food...
Source: marketscreener.com
Australia's Woolworths to take $1 billion charge against NZ business
(Reuters) -Woolworths forecast on Monday a non-cash impairment of NZ$1.6 billion ($974.40 million) in its 2024 interim results, as the retailer's New Zealand business faces challenges and a weak market outlook, with shares losing most in a fortnight. Still, the supermarket chain said strong results at its Australian stores and food distribution business will manage to offset bleak performances from its New Zealand grocery and Big W discount segments. Woolworths, Australia's largest grocer, said it expects first-half unaudited EBIT between A$1.68 billion ($1.10 billion) and A$1.70 b...
Source: yahoo.com