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WESTPAC MANAGING DIRECTOR BOB JOSS SPEAKS TO MEDIA IN SYDNEY, 1998-11-11 (photo)

IMAGE number
REU8209614
Image title
WESTPAC MANAGING DIRECTOR BOB JOSS SPEAKS TO MEDIA IN SYDNEY, 1998-11-11 (photo)
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Medium
photograph
Date
1998 AD (C20th AD)
Shooting Date
1998-11-11
Image description

Westpac Banking Corp managing director Bob Joss speaks during a media conference in Sydney November 11. Joss said that net profit after abnormal items in the year to end-Septmeber fell 1.5 percent to A$1.272 billion (US$801 million) from A$1.291 billion (US$813 million) a result that included an abnormal loss after-tax of A$70 million (US$44.1 million) due to its planned branch network overhaul. Joss also said that he was aiming to double the company's share price from when the bank obtained the sponsorship deal with the Sydney 2000 Olympic Games a few years ago, an increase from A$7 (US$4.41) to A$14 (US$8.82). DG/TAN/WS

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REUTERS / Bridgeman Images
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