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Reporting Season - 27 August

Companies covered: BHP Group (BHP), Woodside Energy (WDS), Guzman Y Gomez (GYG)

Stocks discussed: 

  • BHP Group (ASX: BHP): FY underlying net profit tops estimates, on a 3% rise in revenue but warns the external operating environment remains volatile
  • Woodside Energy (ASX: WDS):HY profit jumps 11% to US$1.9bn, though core net profit declined due to lower realised oil prices amid weak demand signals from top importer China
  • Guzman Y Gomez (ASX: GYG): Swings to FY loss of AU$13.7 million, pro forma net profit, which adjusts for the costs associated with its IPO, rose 94%, 71% ahead of its prospectus

About the Author
ausbiz

ausbiz was founded by Kylie Merritt and David Koch and is Australia's leading provider of live and on-demand video of the latest news in Australian business, markets, economy and startups.