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<WIRE> Adairs Announces Challenging Near-Term Outlook (ASX:ADH)

Adairs (ASX:ADH) recently announced that it is expected to face a trying period in the near future due to prevailing macro-economic headwinds.

The company’s unaudited sales for the first 7 weeks of financial year 2024 have fallen by 8.9% in comparison to the same period in the previous fiscal year.

At the current time, Adairs (ASX:ADH) has declared it inappropriate to provide any fiscal guidance for financial year 2024.

Adairs (ASX:ADH) is a lifestyle brand, specializing in both homewares and home furnishings.


<WIRE> Austco Healthcare (ASX:AHC) Secures A$2.6 Million Contract

Australian-based Austco Healthcare (ASX:AHC) has successfully secured a substantial contract valued at AUD $2.6 million.

The agreement involves the supply of a state-of-the-art nurse call system along with a Tacera Pulse software platform.

The company has revealed that the recognition of revenue from this contract will kick off in FY24, with completion expected at the close of FY25.

Austco Healthcare is an industry leader in the development and distribution of communication and software solutions for healthcare environments.





<WIRE> Charter Hall Group (ASX:CHC) gains significant on fiscal 2023 earnings report

Charter Hall Group (ASX:CHC) stocks jumped significantly by up to 5.7% to A$10.99 marking a highly successful day.

If these gains were to hold, it would be the company’s best performing day since February 2 of this year.

The Real Estate Investment Trust (REIT) disclosed its operating earnings per share for the 12 months ending on June 30, which yielded a pleasantly surprising 93.3 Australian cents.

This outcome surpassed the Visible Alpha consensus estimates with a 2% beat.

The results surpassed Jefferies', a notable brokerage firm, consensus estimates by 2.1%.

Yet, the company’s property investment valuation for the fiscal year decreased by 162% to A$220.7 million.

Despite this downturn of events, the company’s shares reached their peak since August 10.

However, the stock was still down by 13.2% for this year, as of last report.

The Charter Hall Group is a property investment company that invests in high quality property across various commercial sectors.


<WIRE> New Hope Corporation (ASX:NHC) Reports Underlying EBITDA of A$1,750.0 Million for 2023

New Hope Corporation (ASX:NHC) announced its underlying EBITDA for the financial year 2023, which stands at A$1,750.0 million.

The company also noted an average realised sales price of A$346.7 for the 2023 financial year.

In another significant development, the firm approved a share buy-back scheme, planning to repurchase shares up to a value of A$300 million.

Lastly, the company’s total ROM coal production for the quarter was reported as 2.4 MT, seeing a slight decrease from 2.6 MT Q-O-Q.

New Hope Corporation is an Australian-based diversified mining company.


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<WIRE> Mcgrath Announces Final Dividend of 1 AU Cents Per Share (ASX:MEA)

Mcgrath announced its final dividend for 2023 as 1.0 AU cents per share.

The company recorded fiscal year revenues from ordinary activities at A$82.5 million, down from A$112.4 million.

Fiscal year net profit after tax attributable was reported as A$6.2 million, a decrease from the A$11.7 million reported in the previous fiscal year.

Mcgrath (ASX:MEA) is a renowned company in the real estate industry, specializing in residential properties.


<WIRE> Ainsworth Game Technology (ASX:AGI) Announces Market and Financial Results H1CY23 for the Argentina

Ainsworth Game Technology (ASX:AGI) has announced that it expects to record investments in Argentina of approximately A$13 million in its financial report for the first half of 2023.

The company further disclosed that, excluding currency impacts and one-time items, it projects to report a profit before taxes (PBT) of approximately A$23 million for the same period.

[Ainsworth Game Technology is a gaming machine developer, designer, and manufacturer.]



<WIRE> Elders (ASX:ELD) aims for over 90% cash conversion of Underlying NPAT by end of September

Elders (ASX:ELD) is setting a goal of cash conversion greater than 90% of Underlying NPAT by the end of September 2023.

The firm believes this objective will be achieved.

For the financial year, the company’s underlying EBIT is now anticipated to range between A$165 million and A$175 million.

Elders has gone public with its outcome forecast owing to lower-than-anticipated rural products sales in the recent weeks, among other factors.

The current customer sentiment is leaning on the cautious side due to uncertain seasonal conditions in some farming regions.

Elders is an agricultural business, offering a variety of services from farming to wool marketing.