News Articles

Manufacturing 26 Sep 2025

Cyber incident forces Schaffer to pull guidance

Schaffer Corporation has withdrawn guidance for its automotive leather division after a luxury vehicle brand was hit by a cyber incident which halted production.

Property 21 Aug 2024

Industrial property boosts Schaffer

Schaffer Corporation has reported a doubling in annual profit to $27.1 million, helped by a big revaluation of its large Jandakot industrial property.

Technology, Innovation & Science 15 Mar 2022

Harvest Tech builds growth foundations

Having ‘gone stealth' to validate its tech and build customer relationships, a Perth company has secured key partnerships with local and global businesses.

News 12 Nov 2021

JobKeeper disclosures flood ASX

ASX-listed companies have detailed roughly $2 billion in JobKeeper payments spanning the last two financial years, with only a handful making voluntary repayments.

Financial Services 04 Oct 2019

Imdex in for AHG on BN30

Mining technology company Imdex is the latest addition to the BN30 index, Business News's Western Australian equivalent of the Dow Jones index on the New York Stock Exchange.

Professions 08 Mar 2019

AHG falls from ASX 200, six WA companies join ASX 300

Automotive Holdings Group has slipped out of the benchmark S&P/ASX 200 index, while six Western Australian companies have moved into the S&P/ASX 300 index.

Deals 24 Oct 2017

Schaffer sells Urbanstone to Brickworks

Industrial business Schaffer Corporation has sold its Urbanstone manufacturing subsidiary to Brickworks for $13.5 million.

19 Aug 2015

Schaffer profit slides as costs rise

Industrial group Schaffer Corporation has nearly halved its net profit to $3.5 million for the financial year, on the back of higher costs.

18 Feb 2015

Schaffer profit slides, outlook positive

Schaffer Corporation has reported a 57 per cent slide in first-half profit to $2.1 million, but chairman John Schaffer said the underlying strength of the company helped it maintain an interim dividend of 12 cents per share.

20 Aug 2014

Schaffer posts 18% profit slump

Diversified industrial group Schaffer Corporation has posted an 18 per cent full-year profit reduction on the back of a goodwill write-down and proceeds of an insurance claim.

19 Feb 2014

Schaffer profit down on impairment

Diversified industrial group Schaffer Corporation has posted a 7 per cent half-year profit reduction on the back of a goodwill impairment in the company's building products division.

19 Nov 2013

Schaffer celebrates 50 years as listed WA company

One of Western Australia's oldest listed companies, Schaffer Corporation, held its 50th annual general meeting today, celebrating an unbroken run of providing dividends to shareholders.

22 Feb 2012

Schaffer unveils spike in profits

Diversified industrial group Schaffer Corporation has announced a 118 per cent spike in interim net profit, led by a strong result by its automotive leather division.

18 Aug 2010

Schaffer reports 57% profit decrease

Schaffer Corporation has posted a $4.5 million net profit after tax for the 2010 financial year, 57 per cent down on the company's earnings last financial year.

11 Jun 2010

Schaffer downgrades half earnings

Schaffer Corporation has downgraded its half year earnings to $4.5 million compared to $10.5 million for the previous year.

17 Feb 2010

Schaffer Corp posts H1 profit lift

Diversified industrial group Schaffer Corporation says a combination of factors inculding the ongoing volatility of the Australian dollar has made forecasting difficult as it today booked a 7 per cent increase in first-half net profit to $3.6 million.

Government 26 Aug 2009

Schaffer's profits fall 4%

Automobile components and building materials manufacturer, Schaffer Corporation has posted a profit of $10.5 million for the year to June 30, down 4 per cent on last year's results against a 13 per cent fall in group revenue.

Government 18 Feb 2009

Falling dollar hits Schaffer's earnings

The falling Australian dollar has impacted Schaffer Corporation's bottom line with the industrial company today reporting a 42 per cent drop in its interim net profit.

Government 27 Aug 2008

Schaffer’s $11m year

The falling Australian dollar could play out nicely for industrial company Schaffer Corporation Ltd, which last week posted a 6 per cent increase in net profit to $11 million for the 2008 financial year.

22 Aug 2007

Schaffer net profit rises 26% on back of building products

West Perth-based industrial company Schaffer Corporation Ltd has announced a net profit increase of 26 per cent to $10.3 million for the 2006-07 financial year, up from the $8.1 million earned in the previous financial year.

27 Jul 2007

Schaffer to acquire Archistone for $7.7m in enterprise value

West Perth-based industrial company Schaffer Corporation Ltd will acquire limestone block company Archistone Pty Ltd for an enterprise value of $7.75 million, the company has announced.

Special Reports 03 Apr 2007

Finding value behind the millions

The mining and property booms have created unprecedented wealth in Western Australia. WA Business News looks at the individuals leading the charge.

21 Feb 2007

Schaffer first half profits up 44% to $5.2m

West Perth-based industrial company Schaffer Corporation Ltd has announced a 44 per cent increase on its first half net profit after tax to $5.2 million, from $3.6 million in the previous corresponding period.

30 Aug 2005

Schaffer profit down

DIVERSIFIED industrial group Schaffer Corporation provided earnings details to the market this week. Schaffer recorded a net profit after tax of $9.9 million for the year to June 30.

01 Mar 2005

Schaffer struggles in bad conditions

SCHAFFER Corporation has reported a first half net profit of $6.7 million to December 31, down 34 per cent on the same period last year.

24 Aug 2004

Schaffer posts $16.6m profit

SCHAFFER Corporation has posted a $16.6 million group net profit after tax, down 2 per cent on 2002-03 financial year.

02 Sep 2003

Schaffer rides high on yield

INVESTORS who want to get a feel for Schaffer Corporation's business should drop into a BMW showroom and run their hands over the leather seats in a 7 series model.

19 Mar 2002

Schaffer and Loftus worth a look

TWO Perth companies worth keeping a close eye on at the moment are Schaffer Corporation and Loftus Pooled Development, companies that are related through mutual directors.

News Articles for Schaffer Corporation

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