With reporting season underway, we update Westfield Holdings, Flight Centre, APN News & Media, Circadian and Biota.
Rolls Royce stock Westfield Holdings reported an interim net profit of $135.5m, up 53% and the company expects to achieve 20% profit growth for the full year.
The reporting of great earnings increases at Westfield Holdings is so regular that it's almost become boring (we say almost). Directors declared a 40% franked interim dividend of 12.02 cents, up 49%.
The stock is up a little since issue 121/Feb 03 (Long Term Buy - $13.01) and remains a respectable LONG TERM BUY .