Investing.com - Gross operating profits of Australian companies fell unexpectedly in the last quarter, official data showed on Monday.
In a report, Australian Bureau of Statistics said that Australian CGOP fell to a seasonally adjusted -4.7%, from -2.8% in the preceding quarter.
Analysts had expected Australian CGOP to rise to 0.1% in the last quarter.
In a report, Australian Bureau of Statistics said that Australian CGOP fell to a seasonally adjusted -4.7%, from -2.8% in the preceding quarter.
Analysts had expected Australian CGOP to rise to 0.1% in the last quarter.