The phrase "cent slide" refers to a decrease in the value of a currency relative to other currencies, where the value drops by a few cents. Full definition
Local miner Sandfire Resources has delivered its first - ever fully franked dividend to shareholders, despite an 11.7 per cent slide in net profit to $ 69 million for the financial year. (businessnews.com.au)
Sandfire Resources has posted a 9 per cent slide in half - year profit to $ 30.5 million on the back of lower prevailing copper prices. (businessnews.com.au)
Monadelphous Group says it will be looking to reduce costs to weather the current market conditions, with the company announcing a 23.6 per cent slide in net profit for the 2015 financial year, to $ 105.8 million. (businessnews.com.au)