Company gross operating profits rose 0.2 per cent in the March quarter, better than analyst expectations, and were down 7.5 per cent in the 12 months to March.
The estimate of income from sales by manufacturers was down 4.1 per cent in seasonally adjusted chain volume measures, and for wholesalers it was up 1.9 per cent.
Estimated business inventories, in seasonally adjusted chain volume terms, rose 0.4 per cent in the March quarter, the Australian Bureau of Statistics said on Monday.
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