Australian industry compliance firm and takeover target SAI Global Ltd announced on Thursday a return to an annual net profit from a loss the previous year, hitting analyst forecasts, as it took steps to improve efficiency. Net profit was A$35.3 million ($32.78 million) for the year to June 30, from a net loss of A$43.2 million the previous year. Excluding one-off restructuring costs, net profit grew 6.3 percent to A$45.0 million, compared with the A$45.56 million average forecast of analysts polled by Thomson Reuters I/B/E/S.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.11% or $0.04/share to $37.65. In the past year, the shares have traded as low as $32.87 and as high as $38.73. On average, 764442 shares of TRI exchange hands on a given day and today's volume is recorded at 489188.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.39% or $0.16/share to $41.30. In the past year, the shares have traded as low as $34.52 and as high as $42.10. On average, 584409 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 724909.
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