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 -2.0%, from -2.8% in the preceding quarter.
Analysts had expected Australian CGOP to rise to 2.1% in the last quarter.
In a report, Australian Bureau of Statistics said that Australian CGOP rose to a seasonally adjusted -2.0%, from -2.8% in the preceding quarter.
Analysts had expected Australian CGOP to rise to 2.1% in the last quarter.