![](https://wp-static.smartkarma.com/../assets/uploaded/2023/08/Smartkarma-Insight-Card-Square.png)
In today’s briefing:
- ASX – Listed Companies in Decline, Costs Soaring, Weaker Profit Can Be Dramatic
![](http://www.smartkarma.com/assets/plugins/a3-lazy-load/assets/images/lazy_placeholder.gif)
ASX – Listed Companies in Decline, Costs Soaring, Weaker Profit Can Be Dramatic
- ASX is seeing the number of listed companies in decline, although there are some positives with average daily turnover and secondary listings.
- Higher costs are keeping positives from reaching the bottom line fully, with costs to revenue are now 40% in 1H24 where this was 29% in recent interim periods.
- Capex plans for ASX and sticky inflationary figures on staff costs, the current year and following year net profit can see reasonable pressure.