Gross operating profits of Australian companies fell more-than-expected in the last quarter, official data showed on Monday.

In a report, Australian Bureau of Statistics said that Australian CGOP fell to a seasonally adjusted 1.7%, from 4.3% in the preceding quarter whose figure was revised up from 3.9%.

Analysts had expected Australian CGOP to fall to 2.0% in the last quarter.

Please LIKE our Facebook page - it makes us stronger