Investing.com - Gross operating profits of Australian companies fell less-than-expected in the last quarter, official data showed on Monday.
In a report, Australian Bureau of Statistics said that Australian CGOP fell to a seasonally adjusted -1.9%, from 0.2% in the preceding quarter.
Analysts had expected Australian CGOP to fall to -2.0% in the last quarter.
In a report, Australian Bureau of Statistics said that Australian CGOP fell to a seasonally adjusted -1.9%, from 0.2% in the preceding quarter.
Analysts had expected Australian CGOP to fall to -2.0% in the last quarter.