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AUSTRALIA'S SOUL PATTINSON POSTS TWOFOLD RISE IN PROFIT FOR H1.
Publication: AsiaPulse News Publication Date: 31-MAR-04 |
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COPYRIGHT 2004 Asia Pulse Pty Ltd
SYDNEY, March 31 Asia Pulse - Diversified investment group Washington H. Soul Pattinson and Co Ltd's (ASX:SOL) first half net profit more than doubled to A$98.04 million (US$74.2 million), mainly because of one-off gains from the sale of Brickworks Ltd's investment portfolio.
"Profit on non-regular items was A$57.6 million and included the group's share of the equity accounted Brickworks Ltd profit of A$35.2 million on the sale of its investment portfolio," Soul Pattinson, which has a 49.8 per...
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