Slipping at noon on reporting season: Aus shares 0.3% lower at noon

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20 Feb 2018 - Market at Midday report: reporting season weighs on ASX. Oil Search (ASX:OSH) saw a massive surge in its net profit after tax for the full 2017 year, jumping about 240 per cent to US$302 million, compared to 2016’s US$90. Vocus Group (ASX:VOC) announced a 20 per cent fall in its net profit after tax in the half year ending December to $37 million. Super Retail Group (ASX:SUL) is trading over 14 per cent lower after its profit fell while total sales rose, while it also announced plans to buy outdoor retail business Macpac for $135 million.

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