Investing.com - Gross operating profits of Australian companies rose 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 -1.0%, from -2.7% in the preceding quarter whose figure was revised up from -2.9%.
Analysts had expected Australian CGOP to rise to -1.0% in the last quarter.
In a report, Australian Bureau of Statistics said that Australian CGOP rose to a seasonally adjusted -1.0%, from -2.7% in the preceding quarter whose figure was revised up from -2.9%.
Analysts had expected Australian CGOP to rise to -1.0% in the last quarter.