ASX Growth Shares
Netwealth (ASX:NWL) shares hammered despite record FY21 profits
Despite record operating metrics and profit growth, the Netwealth Group Ltd (ASX: NWL) share price has fallen 5.75% to $14.10.
August 18, 2021
Buy good companies. Try not to overpay. Do nothing.
Despite record operating metrics and profit growth, the Netwealth Group Ltd (ASX: NWL) share price has fallen 5.75% to $14.10.
Australia’s third-largest public company CSL Limited (ASX: CSL) achieved steady growth in FY21 despite intermittent lockdowns.
Fintech EML Payments Ltd (ASX: EML) has released its FY21 results and provided an update on the CBI regulatory investigation.
Shares in kitchen appliance retailer Breville Group Ltd (ASX: BRG) have sunk 8% to $30.59 despite the business increasing profits after-tax 42% in FY21.
Four-wheel drive accessory retailer ARB Corporation (ASX: ARB) has achieved record sales and profit as closed international borders forced travellers to explore their own backyard.
The A2 Milk Company Ltd (ASX: A2M) share price has gone nuts in trading today, up 12.42% to $6.70 after media reports of takeover interest.
Online automotive classified Carsales.Com Ltd (ASX: CAR) has accelerated profit growth in FY21 after a pandemic affected FY20.
Despite above sector deposit growth, Bendigo and Adelaide Bank Ltd (ASX: BEN) shareholders have withdrawn support, sinking the share price 9.2%.
Goodman Group (ASX: GMG) recorded a 15% increase in FY21 operating profits as the rise of e-commerce spurs logistic centre demand.
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