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<WIRE> Southern Cross (ASX:SXE) Strikes Two-Week High due to Contract Awards

Southern Cross Electrical Engineering (ASX:SXE) witnessed an increase in shares as much as 1.5%, reaching a high of A$0.69, the highest since August 9.

The gain comes as the electrical and communication services provider announces over A$90 million in contract awards.

Southern Cross operates in the resources, infrastructure, and commercial sectors.

The company boasts of a record order book entering the fiscal year 24.

Despite the current gain, the company’s stock has fallen by 2.2% this year, as of the last close.

Southern Cross Electrical Engineering is a key player in providing electrical and communication services.


<WIRE> Rox Resources (ASX:RXL) Hits 2-Week Low Following Discounted Placement

Shares in Rox Resources fell by as much as 4.4% to a value of A$0.215, reaching their lowest level since August 10.

This decline occurs as the gold explorer announced the raising of A$7.0 million through a share placement.

This issue price of A$0.20 per share stands at an 11.1% discount to the stock’s last close.

The company has stated that the proceeds from the placement will be used to progress exploration at the Youanmi gold project in Western Australia.

Despite this dip, the company’s shares have increased by 28.6% year-to-date, as of last close.

Rox Resources (ASX:RXL) is a company focused on the exploration and development of gold in Western Australia.


<WIRE> Woolworths Group (ASX:WOW) Shares Jump on Strong Fiscal Year Performance

Woolworths Group (ASX:WOW) shares are posting their most significant increase since March 30, 2020.

The company, which is Australia’s largest supermarket chain, has revealed a strong performance in its fiscal year results.

Announced were an annual net profit after tax, prior to significant items, of A$1.72 billion, demonstrating an increase from A$1.51 billion in the previous year.

The company also reported a fully-franked final dividend of 58 Australian cents per share.

Adding to good news for the supermarket chain, total Australian Food sales, the company’s biggest revenue stream, have grown by 5% in the fiscal year.

The company’s shares have increased by 7.9% year-to-date as of the last close, in contrast with a mere 1.2% increase in the benchmark index.

Woolworths Group is Australia’s largest supermarket chain with a wide array of offerings including groceries, general merchandise, and liquor.



<WIRE> Santos (ASX:STO) Hits Over One-Month Low as Half-Year Profit Slumps

Shares of Santos were down by 1.8% at the session low of A$7.67 – their lowest level since July 21.

Santos, Australia’s second largest independent gas producer, posted a 37% drop in its H1 underlying profit due to weaker prices and reduced output.

This marks the stock’s first drop below its 50-day daily moving average since June 26.

However, Santos did decide to raise its interim dividend to 8.7 cents/share from last year’s 7.6 cents.

Despite this slump, stock shares of the company have increased by 9.4% YTD as of the most recent close.

Santos (ASX:STO) is Australia’s second largest independent gas producer.


<WIRE> Neometals (ASX:NMT) Announces Mercedes-Benz Battery Recycling Plant Purchase Order

Neometals (ASX:NMT) has announced a purchase order for a Mercedes-Benz battery recycling plant.

The recycling plant installation is scheduled to commence in the fourth quarter of 2023, immediately following the completion of the building.

The facility, which is expected to have an annual capacity of 2,500 tonnes, is aiming to recover materials that will be reused in the production of a targeted 50,000 battery modules for new Mercedes vehicles.

Primobius GmbH, which received the purchase order, expects to supply a daily 10-ton spoke with Mercedes.

Primobius is wrapping up FEED activities for an integrated Mercedes LIB recycling plant and expects an additional HUB purchase order in September 2023.

Furthermore, the spoke installation is planned to commence in the fourth quarter of 2023, with commissioning set to commence in the first quarter of 2024.

Neometals is a company focused on developing metals for modern needs, including lithium batteries for electric vehicles.


<WIRE> Vitura Health (ASX:VIT) Reports Full Year Net Profit Amounting to A$13.8 Million

Vitura Health (ASX:VIT) recently announced a full year net profit attributable of A$13.8 million, a significant increase from A$6 million in the previous year.

The company decided to pay an additional dividend of one AU cent per ordinary share franked for the year.

Vitura Health (ASX:VIT) also reported a total revenue from ordinary activities amounting to A$117.3 million, a significant rise compared to the A$67 million recorded in the previous year.

Vitura Health is a healthcare organization dedicated to providing exceptional services and improving individuals' quality of life.


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<WIRE> Chevron Australia Announces Wheatstone Project Expands Western Australia Domestic Gas Capacity

Chevron Australia (ASX:CVX) has announced that their Wheatstone Project is bolstering domestic gas capacity in Western Australia.

The development means the region’s domestic gas production capacity is due to rise.

Subsequently, the official nameplate capacity of the WA domestic gas plant will see an increase from 205 terajoules per day to 215 terajoules per day.

Chevron Australia is an energy company specializing in oil and gas drilling, part of the broader fossil fuel sector.


<WIRE> Schaffer (ASX:SFC) Reports Increase in Continuing Operations FY Revenue to A$183.6 Million

Schaffer announced that its revenue from continuing operations increased by 8% to A$183.6 million in the financial year.

Despite this increase, the company recorded a net profit attributable to shareholders, which was down by 48% at A$13.6 million.

Additionally, Schaffer declared a final ordinary dividend of 45 Australian cents per share.

Schaffer is an Australian company engaged in automotive leather, property investment and building materials sectors.



<WIRE> Sg Fleet Group (ASX:SGF) Posts Annual Revenues of A$1.05 Billion

Sg Fleet Group (ASX:SGF) recently revealed their annual revenues from ordinary activities, with an amount reaching A$1.05 billion.

This represents an increase of 16.0% compared to the previous year.

Also, the company reported an increase in year’s attributable profit, up by 23.9% to A$75.2 million.

Further, Sg Fleet Group (ASX:SGF) announced a final dividend of 6.811 AU cents per share.

Sg Fleet Group is a company specializing in fleet management and leasing solutions.


<WIRE> Clearview Wealth (ASX:CVW) Declares Fully Franked Final Dividend Of 3 Australian Cents Per Share

Clearview Wealth (ASX:CVW) has announced a fully franked final dividend of 3 Australian cents per share.

The company has also revealed plans to divest its wealth management business, with the target to complete this process within the 2024 financial year.

Clearview’s strategy is to increase its share of the life insurance market.

Clearview Wealth is a financial service company specializing in life insurance, wealth management, and financial advice.