trending Market Intelligence /marketintelligence/en/news-insights/trending/HJ6ILZJ7wvlX2BS5pg-bDA2 content esgSubNav
In This List

Webster fiscal H1 loss widens YOY

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds


Webster fiscal H1 loss widens YOY

Webster Ltd. said its normalized net income for the fiscal first half ended Dec. 31, 2015, was a loss of 2 Australian cents per share, compared with a loss of 1 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of A$5.5 million, compared with a loss of A$1.9 million in the year-earlier period.

Total revenue increased year over year to A$56.8 million from A$13.2 million, and total operating expenses climbed from the prior-year period to A$72.5 million from A$20.5 million.

Reported net income came to a loss of A$96.8 million, or a loss of 28 cents per share, compared to a loss of A$4.3 million, or a loss of 3 cents per share, in the year-earlier period.