Subscribe to RSS feedBell Tolls as investors react to leaner results
by
Sineva Toevai
—
last modified
Mar 15, 2010 09:11 AM
TOLL Holdings’ after tax profit slumped 32% in the first half of 2009/10 and the transport and logistics operator forecasts that its second-half performance will be much the same.
The underwhelming result, announced by managing director Paul Little last week, was followed by an 18.6% fall in the price of its shares on the Australian Securities Exchange.
The results announcement showed net profit after tax had fallen to $107m...
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