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ANZ's Q1 net profit falls to $1.36b

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AAP

2013-02-15

ANZ's first quarter net profit has dropped by nearly a fifth to $1.36 billion.

The statutory unaudited result for the three months to December 31 was about 20 per cent lower than the $1.7 billion net profit the bank recorded for the previous corresponding period.

However, ANZ's unaudited underlying profit for the quarter rose 6.2 per cent, to $1.53 billion from $1.49 billion.