Seven Group Holdings announces lift in profits
Kerry Stokes’ investment in iron ore and coal have paid off with the businesses driving a 39 per cent lift in profit.
His Seven Group Holdings today announced it had scored a net profit – after tax – of $235.1 million f0r the last six months of last year, depsite his media interests doing less well.
The mining and media company owns interests in WesTrac Cat, Channel Seven, Pacific Magazines, the West Australian newspaper and a share of Yahoo!7.
