TPI transpacific industries group ltd
Add to My Watchlist 4.29% ! 73.0¢

News: Transpacific downgrades FY profit

  1. FNN News
    lightbulb Created with Sketch. 1
    clock Created with Sketch.
    25/06/12
    10:57
    Post #: 10347022
    .

    Transpacific Industries Group Limited (ASX:TPI) has downgraded its full year guidance due to a decrease in waste volumes and an easing manufacturing sector.



    The waste-management company forecasts net profit of between $8 and $13 million, reduced from previous projections of $17.3 million.



    Transpacific says Queensland had impacted its earnings as it deferred waste disposal, as the region waited for the removal of a landfill levy.

     

    In the first half of the 2012 financial year, Transpacific reported a net profit of $16.5 million.
    TPI Price at posting: 71.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Iress Ltd leads top gainers intraday Friday as Blackstone buyout bid confirmed
right-arrow Created with Sketch.
NEWS The 10 hot stocks HotCopper users watchlisted in Week 32
right-arrow Created with Sketch.
NEWS DroneShield's civilian counter-drone tech lands with a buzz
right-arrow Created with Sketch.
NEWS What the hell is wrong with ASX Ltd? The hits keep coming, and now CBOE looms
right-arrow Created with Sketch.
NEWS Expert Exchange: Laretive's 4 key strategies to picking ASX winners
right-arrow Created with Sketch.
NEWS RBA's inflation trick: Is the number lying to us?
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.