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ASX earnings: CSL and BHP drive market movement
The Australian share market experienced significant volatility driven by a wave of corporate earnings reports. Healthcare stocks led a rally, with CSL shares surging over 16 per cent despite reporting a $3.7 billion annual loss. CSL attributed the loss to weaknesses in its Vifor business and lower US vaccine rates, but the company expects to return to underlying earnings growth this year.
Pro Medicus also saw a major boost, with shares jumping 12 per cent following a 130 per cent increase in net profit to $265 million and a 22.9 per cent rise in revenue. In the materials sector, BHP reported an annual profit of $US9.8 billion ($A13.8 billion), supported by high copper prices, and announced its largest dividend in four years.
Conversely, the financial sector faced pressure. Bendigo and Adelaide Bank fell 9 per cent after APRA imposed licence conditions due to risk management weaknesses. While Judo Capital rose 12.6 per cent on strong profit results, the broader market saw mixed performance across retail and consumer sectors.
Entities
A2 Milk · APRA · ASX · ASX 200 · Amotiv Ltd · BHP · BHP Group Ltd · Bendigo and Adelaide Bank · CSL · CSL Ltd · Dimerix · Iran
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] Governor Michele Bullock stated that a rate cut is not being considered by the RBA.
- [● 2 SOURCES] S&P/ASX 200 Index futures indicated a 0.4 per cent drop at the Monday open. themarketonline.com.au
- [○ 1 SOURCE] Amotiv Ltd reported an underlying net profit of $120.3 million.
- [○ 1 SOURCE] Premier Investments Ltd expects full-year sales of $795.5 million.
- [○ 1 SOURCE] GPT Group reported funds from operations of $338.8 million for the six months to 30 June 2026. themarketonline.com.au
- [○ 1 SOURCE] Amotiv Ltd reported revenue growth of 2.7% to $1.02 billion.
- [○ 1 SOURCE] Pro Medicus reported a 22.9 per cent increase in full-year revenue to $261 million. themarketonline.com.au
- [● 3 SOURCES] BHP reported an annual profit of $US9.8 billion ($A13.8 billion). www.perthnow.com.au · themarketonline.com.au
- [○ 1 SOURCE] Pro Medicus reported a 130 per cent increase in net profit to $265 million. themarketonline.com.au
- [● 2 SOURCES] APRA imposed licence conditions on Bendigo and Adelaide Bank due to risk management weaknesses. themarketonline.com.au · www.ibtimes.com.au
- [● 4 SOURCES] BHP announced its largest dividend in four years. themarketonline.com.au · www.sharecafe.com.au · www.perthnow.com.au · stockhead.com.au
- [● 5 SOURCES] CSL reported an annual loss of approximately $3.7 billion. themarketonline.com.au · www.sharecafe.com.au · www.perthnow.com.au · www.smh.com.au · theqldr.com.au