Profits disappointment from Domino’s Pizza and weakness in iron ore stocks tipped Australian shares to a loss of 0.30 per cent on Wednesday.Domino’s Pizza share’s plunged 23.8 per cent to $54.37 after it announced its half-year results on Wednesday.First-half earnings before interest and tax fell by 21.3 per cent to $113.9 million and underlying net profit was down 21.5 per cent to $71.7 million.BHP was up 0.08 per cent to $48.34.Australian oil and gas producer Santos shares rallied at 3.
Origin shares on Wednesday rallied 12.70 per cent to $7.90 after Brookfield Asset Management and EIG PartnersTravel agency chain Flight Centre shares fell 0.65 per cent to $18.48 after it announced it will target $250 million to $280 million EBITDA for the fiscal year 2023.Total revenue tripled to $1 billion in the six months ended December 31, compared with the year-earlier period.Its revenue rose 7.8 per cent to $2.5 billion in the year ended December 31 from the year before.
Lovisa said its statutory revenue was up 45 per cent to $315.5 million in the six months ended December 31 as its net profit jumped 32 per cent to $47.72 million.