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AUSTRALIAN COMPANY PROFITS RISE 1.4% IN MARCH QUARTER.
CANBERRA, June 2 Asia Pulse - Australian company profits rose 1.4 per cent in the three months to March, in adjusted terms, while firms began to rebuild stocks after a dip at the end of last year, new figures showed today.
The Australian Bureau of Statistics (ABS) said non-farm inventories rose 1.6 per cent in the March quarter, making a positive contribution to economic growth.
The rise was driven by the wholesale trade sector, where stocks rose 1.9 per cent after a one per cent fall in the December quarter as strong consumer demand took ...
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Source: HighBeam Research, AUSTRALIAN COMPANY PROFITS RISE 1.4% IN MARCH QUARTER.