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CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved.

AU market earnings: Northern Star shines with profit surge

Northern Star Resources doubles profit on record gold prices, while Whitehaven Coal's profit drops 87% due to inflation. Medibank Private shows solid profit growth despite cost-of-living concerns.

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This video was created on 22 August for IG audiences by ausbiz.

Northern Star leads, Whitehaven Coal and Medibank deliver varied earnings

Northern Star Resources reported a strong performance, doubling its full-year net profit to $699 million, driven by record revenue and elevated gold prices. In contrast, Whitehaven Coal experienced an 87% drop in profit due to inflation and reduced output, although it announced a dividend and a strategic asset sale that boosted its stock by 7%. Medibank Private saw a 14% increase in net profit, supported by solid operating margins and a final dividend increase.

Super Retail Group posted record sales of $3.9 billion, while Megaport reported its first profit but issued a disappointing fiscal year 2025 outlook, leading to a sharp decline in its share price.

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