Investing.com - Gross operating profits of Australian companies rose more-than-expected in the last quarter, official data showed on Monday.
In a report, Australian Bureau of Statistics said that Australian CGOP rose to a seasonally adjusted 20.1%, from 1.0% in the preceding quarter.
Analysts had expected Australian CGOP to rise to 8.0% in the last quarter.
In a report, Australian Bureau of Statistics said that Australian CGOP rose to a seasonally adjusted 20.1%, from 1.0% in the preceding quarter.
Analysts had expected Australian CGOP to rise to 8.0% in the last quarter.