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The business week in numbers

AAP logoAAP 26/08/2016

The big and small numbers that grabbed attention - or should have - in the business world over the past week.


$US985m - Fortescue Metals Group's annual profit jumped from the prior year's $US316 million, beating expectations of around $US800 million. But revenue fell 17 per cent even though iron ore shipments rose, as iron ore prices collapsed to a decade low during the year.


$318m - Caltex Australia's half-year profit dropped 15 per cent thanks to lower inventory gains, though underlying profit rose one per cent to $254 million.


$500m - Qantas is delivering for its shareholders, promising a capital return of $500 million after posting an 85 per jump in annual profit to $1.03 billion. Its operational overhaul and lower fuel prices contributed to the record result. The airline also unveiled a $75 million cash bonus to be shared among its 25,000 employees.


$1.24b - That was the full-year loss announced by Woolworths, with the red ink flowing due to a slide in grocery earnings and more than $2.6 billion of writedowns on its failed venture into hardware.


$37.4m - Mayne Pharma, a pharmaceuticals maker, posted a full-year profit more than four times larger than what it made the previous year. The growth came due to the acquisition of acne treatment Doryx, and the success of its anti-cardiac arrhythmia drug dofetilide.

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