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 Commonwealth Bank of Australia delivers another good result- Commonwealth Bank of Australia delivers another good result
- August 10, 2011
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Result underpinned by successful execution of strategic initiatives.
The Commonwealth Bank of Australia's (the Group's) statutory net profit after tax for the year ended 30 June 2011 was $6,394 million, which represents a 13 percent increase on the prior year. Cash net profit after tax for the year was $6,835 million, an increase of 12 percent.
Cash Return on Equity for the year ended 30 June 2011 was a healthy 19.5 percent, up 80 basis points due to increasing profitability and effective capital management.
A final dividend of $1.88 per share was declared ...
- View more at: http://www.1888pressrelease.com/commonwealth-bank-of-australia-delivers-another-good-result-pr-325702.html
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