A flat result for ASB's cash net profit
A flat result for ASB's cash net profit
12 February 2020
ASB's parent Commonwealth Bank of Australia released its half-year results to the Australian Stock Exchange this morning.
For the six months to December 31, cash net profit hit 614 million dollars.
ASB Chief Executive Vittoria Shortt says the result reflects the operating environment in New Zealand.
She says a key factor is low interest rates.
© 2024 Newstalk ZB, NZCity