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Macquarie annual profit slumps as commodity windfall fades; shares down https://t.co/jRIkEavbiG https://t.co/aJq6rIlMUU
Macquarie's Full-Year Profit Falls, Cuts Dividend https://t.co/KeSRNHtRoI
Macquarie full-year profit slumps on weak commodity, assets contribution https://t.co/NYMMG9Bj3F https://t.co/jU0knNQsG1
Macquarie Group reported a significant 32% decline in its full-year profit, primarily due to weaker performance in its commodities and global markets business. This downturn in profitability also led to a reduction in the company's dividend and a decline in its share prices.
