Australia’s annual wage growth hits record high
The Australian Bureau of Statistics’ (ABS) reported Wage Price Index (WPI) for the December quarter showed an increase in wages of 3.3 per cent yearly and 0.8 per cent from the September quarter.
Schaffer posts $5m NPAT in FY23 half-year results
Automotive leather manufacturing company Schaffer Corporation Limited has reported 1H23 statutory net profit after tax (NPAT) of $5.1 million, reflecting a difficult first half for the Automotive Leather Division.
Quickstep releases financial results for first half of FY23
Aerospace and composites manufacturing giant Quickstep Holdings has generated total revenue of $45.4 million for the first half of fiscal year 2023, which ended 31 December 2022.
RV manufacturing flourishes with promising 2022 figures
The Caravan Industry Association of Australia has released manufacturing and import figures for 2022, with nearly 50,000 new registrations recorded and 28,031 new units sold in Australia up 17.1 per cent compared to the previous year.
ARB Corp revenue slips 5.1% amid vehicle availability disruptions
ARB Corporation Limited is in the red on the release of the company’s first-half earnings, posting a 5.1 per cent sales revenue decline to $340.9 million compared with the prior period as vehicle availability continues to constrain sales in Australia and the United Kingdom.
BlueScope announces $851m EBIT for FY2023’s first half
ASX-listed steelmaker BlueScope has posted an underlying EBIT of $851 million and a net profit after tax (NPAT) of $599 million for the first half of fiscal year 2023.
Orora sees first half earnings soar to $165.8m, up 7.3%
Australia-based global packaging manufacturer Orora has announced its financial results for the half year with earnings before interest and tax (EBIT) of $165.8 million, up 7.3 per cent driven by strong earnings growth in North America and robust earnings performance in Australasia.
Austal delivers 4th Cape-Class Patrol Boat to Australian Navy
Austal Australia has completed the fourth delivery of Evolved Cape-class Patrol Boats (ECCPBs) to the Royal Australian Navy (RAN).
Australian water treatment manufacturer expands in Asia with new Vietnam HQ
Waterco Limited has expanded its Asian operations with a newly opened branch in Vietnam.
AML3D secures $3m via shares placement
Metal additive manufacturing company AML3D said it raised $3 million through a placement of shares to a range of sophisticated investors.
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