QAN 0.17% $5.89 qantas airways limited

Ann: Qantas Group HY23 Appendix 4D and Interim Financial Report, page-4

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    Net Underlying Profit (before tax) $1.428B, slightly above mid range of its own guidance ($1B after tax)
    Revenue $9.9B
    No dividend
    (stupid) Share buy back of $500 million

    1 million sales fares release in its headlines??? LOL. Flagging falling demand as a positive?

    Not a bad result, but pretty much as expected. Lack of dividend will disappoint. You can always sell your shares into another silly share buyback that rewards executives and shareholders short term at the expense of the balance sheet.....
 
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