Shaking off losses: Aus shares flat lining at noon
21 Feb 2018 – Market at Midday report: On the back of a swag of companies reporting better than expected results, the ASX200 is starting to claw back its early losses despite mixed economic news. a2 Milk’s (ASX:A2M) net profit after tax soared 150 per cent to NZ$98.5m and its shares soar, Bellamy’s Australia (ASX:BAL) follows. Seven Group Holdings (ASX:SVW) sees 64 per cent lift in its underlying net profit. Coca-Cola Amatil’s (ASX:CCL) statutory net profit after tax jumps 81 per cent to $445m in 2017 . Cleanaway (ASX:CWY) etched a 61 per cent lift in its half year profit to $45 million. Watch for more.
Source: Finance News Network