MQG macquarie group limited

News: MQG Australia's Macquarie posts 32% fall in full-year profit

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    May 3 (Reuters) - Australia's Macquarie Group (MQG) posted a 32% drop in its full-year profit on Friday due to weaker performance across its commodities, global markets and asset management businesses.

    The financial conglomerate's profit attributable for the year ended March 31 came in at A$3.52 billion ($2.31 billion), compared with A$5.18 billion a year ago. That was largely in line with a Visible Alpha consensus of A$3.51 billion, according to UBS.

    ($1 = 1.5228 Australian dollars)

 
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(20min delay)
Last
$217.16
Change
1.790(0.83%)
Mkt cap ! $82.76B
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