Investing.com - Gross operating profits of Australian companies rose less-than-expected in the last quarter, official data showed on Monday.
In a report, Australian Bureau of Statistics said that Australian CGOP rose to a seasonally adjusted 0.2%, from -0.4% in the preceding quarter whose figure was revised down from -0.2%.
Analysts had expected Australian CGOP to rise to 0.5% in the last quarter.
In a report, Australian Bureau of Statistics said that Australian CGOP rose to a seasonally adjusted 0.2%, from -0.4% in the preceding quarter whose figure was revised down from -0.2%.
Analysts had expected Australian CGOP to rise to 0.5% in the last quarter.