Why Cettire, Mineral Resources, Red 5, and Webjet Shares Are Tumbling Today
Why Cettire, Mineral Resources, Red 5, and Webjet Shares Are Tumbling Today
The Mineral Resources share price is down over 8% to $40.47. This has been driven by the release of the mining and mining services company's full year results after the market close on Wednesday. Mineral Resources reported a 10% increase in revenue to $5.28 billion but a whopping 79% decline in underlying net profit after tax to $158 million. In light of this poor financial performance, the company's board elected to not declare a final dividend for FY 2024.The $S&P/ASX 200 (.XJO.AU)$ is out of form on Thursday and has dropped into the red. At the time of writing, the benchmark index is down 0.6% to 8,022.3 points.
本基金寻求于东欧地区注册的主要权益关联发行人的长期升值投资。$S&P/ASX 200 (.XJO.AU)$ 周四表现不佳，已经跌入红区。写作时，基准指数下跌0.6%，至8,022.3点。
Four ASX shares that are falling more than most today are listed below. Here's why they are dropping:
今天下跌最厉害的四只ASX股票如下。这就是它们下跌的原因:
The Cettire share price is down 15% to $1.13. Investors have been selling this online luxury products retailer's shares following the release of a disappointing full year result. Cettire reported an 81% increase in gross revenue to $978.3 million but a 34% decline in net profit after tax to $10.5 million. This was driven partly by paid customer acquisition expenses, which increased to 9.5% of sales revenue from 8% in FY 2023. Management also warned that the global luxury sector has continued to experience softer trading conditions in FY 2025. This has seen increased promotional activity.
Cettire股价下跌15%，至1.13美元。由于发布令人失望的全年业绩，投资者一直在抛售这家在线奢侈品零售商的股票。Cettire报告称，营业收入增长81%，达到978.3百万元，但净利润税后下降34%，达到105百万元。这在一定程度上是由于付费客户获取费用的增加，该费用占销售收入的比例从FY 2023的8%增加到FY 2024的9.5%。管理层还警告说，全球奢侈品行业在FY 2025仍在继续经历较软的交易环境。这导致促销活动增加。
The Mineral Resources share price is down over 8% to $40.47. This has been driven by the release of the mining and mining services company's full year results after the market close on Wednesday. Mineral Resources reported a 10% increase in revenue to $5.28 billion but a whopping 79% decline in underlying net profit after tax to $158 million. In light of this poor financial performance, the company's board elected to not declare a final dividend for FY 2024.
矿产资源股价下跌超过8%，至40.47美元。此前，这家矿业和矿业服务公司在周三收盘后公布了全年业绩。矿产资源报告称，收入增长10%，达到52.8亿美元，但核心净利润税后大幅下降79%，达到158百万元。鉴于这种糟糕的财务表现，公司董事会决定不宣布FY 2024的最终股息。
The RED 5 share price is down almost 10% to 33 cents. This morning, this gold miner released its full year results and reported a 35% increase in gold sales to 223,498 ounces, a 47% jump in revenue to $620 million, but a statutory loss after tax of $5.4 million. The latter includes a number of one-off costs associated with the transformational merger between Red 5 and Silver Lake. On an underlying basis, its profits after tax came in at $48.5 million. This is up from a $1.5 million loss a year earlier.
RED 5股价下跌近10%，至33美分。今早，这家黄金矿企发布了其全年业绩报告，报告显示黄金销量增长35%，达到22.3万盎司，收入增加47%，达到6.2亿美元，但税后法定亏损为540百万元。后者包括与Red 5和Silver Lake之间的重组合并相关的一些一次性成本。基于核心基础，其税后利润达到4.85百万元。这相比一年前的150百万元亏损有所增长。
The Webjet share price is down 8% to $7.60. Investors have been selling this online travel agent's shares following the release of an update at its annual general meeting. Management revealed that trading has been mixed so far in FY 2025. The Webjet OTA business has experienced a 10% decline in total transaction value (TTV), whereas TTV is up more than 25% for the WebBeds business. The latter is despite trading in Europe being negatively impacted in June and July by the collapse of FTI Group. This led to $2 billion of hotel inventory distorting the market and impacting margins.
Webjet股价下跌8%至7.60美元。投资者在年度股东大会发布更新后纷纷抛售这家在线旅行社的股票。管理层透露，到目前为止，交易情况不容乐观。Webjet OTA业务的总交易价值（TTV）出现了10%的下滑，而WebBeds业务的TTV增长超过25%。尽管欧洲的交易在6月和7月受到FTI集团的倒闭的负面影响，但后者仍然增长。这导致20亿美元的酒店库存扭曲了市场，影响了利润率。
