News
The share prices of South Australia’s largest 10 publicly listed companies have risen by an average of 25 per cent in 2020 to outperform the market in a tumultuous year for stocks globally.
News
Eyre Peninsula oyster producer Angel Seafood has reported record sales of 2.7 million in the September quarter as its retail strategy grows at pace and restaurants around Australia increase capacity.
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South Australia’s largest company Santos has reported an 18 per cent drop in second-quarter revenue due to lower realised prices for its oil and gas, but said production from its core assets is expected to remain steady in the near term.
The latest rebalance of the Australian Securities Exchange’s major indices show a changing of the guard for some of South Australia’s largest publicly-listed companies.
Mining services company Boart Longyear has reported a US$19 million reduction in revenue for the March quarter, blaming declines in global exploration activity for the result.
Construction materials company Adelaide Brighton Limited is withdrawing its earnings guidance for 2020, citing the uncertainty in relation to the duration and impact of COVID-19.
