We Expect Seek’s Australian and Chinese Businesses to Underpin a Strong Fiscal 2017 Result
We expect narrow moat-rated Seek Limited to report a record underlying net profit after tax, or NPAT, of AUD 199 million for fiscal 2017 when the company announces its result on Aug. 16. Our NPAT forecast includes investments in early stage ventures as an underlying expense, in contrast to management who exclude this figure from underlying NPAT. However, our forecast is in line with management guidance, for a statutory NPAT of AUD 220 million before significant items and investments in early sta...Seeka Kiwifruit Industries is engaged in providing and managing service activities to the horticulture industries. Co. operates three operating segment: Orchard Operations; Post Harvest Operations; and Business Development Operations. Orchard Operations provides orchard contracting and management services to the kiwifruit and avocado industries. Post Harvest Operations provides services to the kiwifruit and avocado post harvest sector that include fruit packing, cool storage and associated activities. Business Development Operations provides grower and marketing services including local and Australian fruit programs.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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