Ventia Services net profit slides 30pc
The newly listed services group says its contracts are protected against rising inflation as finance and IPO costs crimped profits.
Source: afr.com
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CIMIC annual net profit slides 35pc
CIMIC, Australia’s biggest construction group, raised its 2022 financial guidance after 2021’s net profit fell to $402 million from $620 million a year before.
Source: afr.com
Cimic ASX: Australia's biggest construction group targets renewable energy bandwagon
Australia’s biggest construction group wants to boost profit margins by targeting renewable energy and technology projects in addition to its core work.
Source: afr.com
Australia's IPO market has outpaced Hong Kong for the first time since 2019
The value of deals in Australia has eclipsed those closed in Hong Kong through October for the first time since 2019.
Source: businessinsider.com.au
Apollo Global poaches three senior CBA markets operatives
Apollo Global Management is understood to have pinched CBA’s global markets boss Anthony Hermann to run its credit strategy in the region.
Source: afr.com