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Article: AUSTRALIA'S TOLL HOLDINGS POSTS 33PCT FALL IN 1H NET PROFIT.
- Article from:
- AsiaPulse News
- Article date:
- February 26, 2009
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SYDNEY, Feb 26 Asia Pulse - Transport and logistics company Toll Holdings Ltd (ASX:TOL) has posted a 33 per cent fall in first half net profit after writedowns and says its second half will be better.
Net profit for the six months to December 31, 2008 was million ($US102.62 million) compared with $237 million in the prior first half.
Underlying net profit was up 11 per cent at $177 million compared to $159 million in the prior corresponding period.
Group earnings before interest and tax (EBIT) before acquisition amortisation charges and investment write-downs, relating to Brambles and Virgin Blue, of $266.4 million compared to $226.4 million in ...