<AD>

<WIRE> Scentre Group (ASX:SCG) Jump on Higher HY Income

Scentre Group (ASX:SCG) has seen a notable increase in their shares, seeing a rise as high as 5.1% to A$2.775, the highest it’s been since August 16.

If these gains hold, this will make it the best day for the company since July 27.

The real estate services provider reported a HY net operating income of A$971.9 million, a 10% increase from the previous year.

The company also anticipates higher distributions of at least 16.50 Australian cents per security for 2023, which indicates a minimum 4.8% growth for the year.

Despite these positive indicators, Scentre’s stock has been down by 8.3% this year, as of the last close.

Scentre Group is an Australia-based company that specializes in owning, operating and developing a portfolio of shopping centers.


<WIRE> Lycopodium (ASX:LYL) Hits Near Five-Week High on Strong Fiscal Year Results and Positive Outlook

Shares of Lycopodium (ASX:LYL) continue their upward trajectory, with them seeing a rise of as much as 4.4% to A$10.180, achieving their highest level since July 20.

The construction services provider has reported a yearly profit of A$46.8 million, up by 72.1% from the previous year.

This strong performance resulted in the company declaring a fully-franked final dividend of 45 Australian cents per share.

Furthermore, Lycopodium (ASX:LYL) anticipates a robust financial performance in fiscal year 2024.

This prediction follows a year wherein the stock of the company increased by 42.3% as of its last closure.

Lycopodium (ASX:LYL) is a construction services provider.


<WIRE> Prime Financial Group (ASX:PFG) Sees Major Gain After Impressive Fiscal Year Results

Shares of Prime Financial Group (ASX:PFG) saw a significant increase, as much as 11.9% to A$0.235.

If these gains hold, this may mark their best day since September 8 of the previous year.

Prime Financial Group (ASX:PFG), a professional services firm, reported a substantial 28% increase in fiscal year revenue and also an 11% increase in their underlying EBITDA.

The company projects an underlying EBITDA growth between 10% to 15% and also expects to see a dividend growth between 5% to 10% for the fiscal year of 2024.

The stock reached its highest level since May 4.

Despite this, Prime Financial Group (ASX:PFG) has seen an 8.7% decrease year-to-date as of the last close.

Prime Financial Group (ASX:PFG) is a professional services firm.



<WIRE> Helia Group (ASX:HLI) Experiences Significant Leap on Positive Results, Outlook

Helia Group (ASX:HLI) shares escalated as high as 5.2% to A$3.83, marking their most substantial intraday percentage increase since February 24th.

The mortgage insurer, in its recent report, showed a net profit attributable to A$147.5 million ($94.58 million), which is a 155.4% increase for the half-year.

The company further declared that revenue from ordinary activities for the half-year has spiked up by 276.7% up to A$286.4 million.

Along with these financial revelations, Helia Group made an announcement of an interim dividend of 14 Australian cents per share.

The company also hinted at an expected insurance revenue in the proximity of A$420 million to A$460 million for the fiscal year 23.

Recently, Helia Group’s shares touched their highest level since August 8.

Consequently, there has been an upward trend in the company’s shares, which have risen by 43.7% Year To Date from their last close.

Helia Group is a mortgage insurer.


<WIRE> Macmahon Holdings (ASX:MAH) Sees Uptick on Promising FY24 Forecast

Shares in mining services company Macmahon Holdings (ASX:MAH) saw a significant boost of up to 6.5%, reaching A$0.16, following a positive outlook for FY24.

Macmahon foresees a revenue between A$1.7 billion and A$1.8 billion for FY24, surpassing average analysts' estimate of A$1.72 billion.

In addition to their revenue forecast, they have indicated a targeted dividend payout ratio range upgrade from 10% to 25% to now between 20% and 35% of underlying earnings per share.

Macmahon Holdings reported a FY revenue of A$1.9 billion, marking a 12% increase.

The stock has seen a respectable overall rise of 6.9% for the year, up to the most recent closing.

Macmahon Holdings is a leading mining services company.


<WIRE> Monadelphous Group (ASX:MND) Reports FY Net Profit Up 3% to A$53.5 Million

Monadelphous Group (ASX:MND) is reporting that the net profit attributable for this fiscal year increased by 3% to A$53.5 million.

The company also experienced a drop in revenue by 5% to A$1.73 billion.

Lastly, Monadelphous Group (ASX:MND) announced a final dividend of 25.00 Australian cents per share.

Monadelphous Group (ASX:MND) is a leading Australian engineering company, providing construction, maintenance and industrial services to the resources, energy and infrastructure sectors.


<AD>


<WIRE> Monadelphous (ASX:MND) Forecasts Long-Term Demand Strength in Most Commodity Markets

Monadelphous (ASX:MND) has stated that it expects long-term demand trends to remain strong across most commodity markets.

The company anticipates the overall group revenue to be weighted towards the second half of FY24.

High levels of mining and mineral processing development activity are expected in the sectors of lithium, nickel and copper among others.

Furthermore, the company expects a surge in demand for maintenance and decommissioning services in the energy sector in the coming years.

Monadelphous (ASX:MND) is an Australian engineering company that provides construction, maintenance, and industrial services to the resources, energy and infrastructure sectors.




<WIRE> Alumina Announces No Interim Dividend Declared (ASX:AWC)

Alumina (ASX:AWC) has announced that no interim dividend has been declared.

Despite this, the company maintains a positive long-term outlook for the alumina market.

Alumina expects growth in aluminium metal consumption to be stimulated by de-carbonisation efforts.

However, its net loss after tax for the first half of 2023 was reported at $43 million, a significant contrast to the $168 million profit recorded previously.

The company, which is currently processing lower-grade bauxite at Huntly Mine within areas already permitted under mine management plans, discloses that alumina prices have seen a rise in the last three weeks.

Alumina is a company that specializes in the extraction and processing of bauxite and alumina.


<WIRE> Helia Group (ASX:HLI) Projects FY23 Insurance Revenue of A$420 Mln to A$460 Mln

Helia Group (ASX:HLI) anticipates their FY23 insurance revenue to land somewhere between A$420 million to A$460 million.

The group further revealed that over the course of the second half of FY23 and FY24, total incurred claims are likely to rise towards the long-term average levels.

The company also plans a sustainable annual ordinary dividend increase to 28 AU cents per share.

In terms of net interest and dividend income, Helia expects to continue benefiting from higher reinvestment rates.

As of June 30th, the running yield on their cash and investment portfolio stood at 4.9%.

Helia Group is an organization focused on providing insurance services.