Briefs
Bradken boost
Engineering company Bradken says last year's economic downturn in resources has bottomed out while posting a rebound in half-year profit. Bradken made a net profit of $46.7 million in the six months to December 31, up from $43 million in the same period in the previous year.
TELECOMMUNICATIONS
Amcom's 20%
Amcom Telecommunications has reported half-year net profit of $10 million, a 20 per cent increase from the previous corresponding period on the back of strong demand for data network access. It rounds off a decade of double-digit percentage profit growth for the Perth provider of data network access, cloud solutions and managed services.
PROPERTY
Losses for Villa
Villa World said it will post a December half net loss of $19.7 million following writeoffs of $29.2 million. The largest writeoff, $17.7 million, was against the Eynesbury township venture in Victoria, with others occurring in Queensland.
FUNDS
Centuria profit
Centuria Capital, the former Over-Fifties Friendly Society, has flagged a December-half net profit of $2.5 to $2.9 million, up from $0.98 million net
profit in the same period a year earlier.
Frequently Asked Questions about this Article…
Bradken reported a half‑year net profit of $46.7 million for the six months to December 31, up from $43 million a year earlier. The company described this as a rebound and said last year’s resources sector downturn has bottomed out, which may signal improving conditions for investors watching engineering and resources‑linked exposure.
Bradken stated the resources downturn has bottomed out alongside its half‑year profit rebound. For investors, that phrase indicates the company sees stabilization or early recovery in the resources cycle—an important context if you hold stocks tied to mining, equipment supply or engineering services.
Amcom reported a December half net profit of $10 million, a 20% increase on the prior corresponding period. The company credited strong demand for data network access—alongside its cloud solutions and managed services—for driving the growth and rounding off a decade of double‑digit percentage profit increases.
Amcom’s record of double‑digit percentage profit growth over the past decade suggests consistent demand for its data network access, cloud and managed services. For everyday investors, that history can point to resilient revenue streams in the telecommunications and data services niche, though it’s one factor to weigh alongside valuation and risk.
Villa World said it will post a December half net loss of $19.7 million after taking $29.2 million of write‑offs. The largest single write‑off was $17.7 million against the Eynesbury township venture in Victoria, with additional write‑offs recorded in Queensland.
Write‑offs like Villa World’s reduce reported earnings and can lower net asset values for the period, which investors should monitor. Those holding or considering Villa World shares may want to watch company updates on the Eynesbury township and Queensland projects for clarity on future cash flows and asset recoveries.
Centuria Capital flagged a December‑half net profit in the range of $2.5 million to $2.9 million, up from a $0.98 million net profit in the same period a year earlier—showing a notable improvement in the funds group’s half‑year result.
The half‑year snapshot shows divergent sector trends: Bradken reported a rebound suggesting a stabilising resources cycle; Amcom delivered solid telecoms‑led growth driven by data network demand; Villa World posted a significant loss driven by project write‑offs (notably Eynesbury in Victoria); and Centuria flagged a pick‑up in funds profit. Everyday investors should consider these sector‑specific developments when assessing exposure to engineering, telecommunications, property development and funds management stocks.

