Qantas posts record profit

Qantas posts record profit

World Business

SYDNEY: Australian carrier Qantas on Wednesday posted record annual net profit and
announced a first payout to shareholders for seven years in a strong turnaround after
major restructuring (World Business).

Moreover, the airline reported a net annual profit of Aus$1.42 billion (US$1.08 billion) in the
year to June 30 and an 80 percent increase from the previous corresponding period.

SO, underlying profit before tax — Qantas’ preferred measure  and also hit a
record of Aus$1.53 billion.

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