Earthmoving player NRW Holdings Ltd announced an interim net profit of $22.3 million, which it says puts it on track to at least achieve its full-year prospectus forecast of $40.2 million. Shares in the company were marked down almost 6 per cent today.
Western Australian-based Indian Sandalwood grower, TFS Corporation, has announced today its interim results for the first half of the year and advised that it expects an increase in full year net profit after tax of at least 15%, and 13% on an earnings pe
Telstra dazzles with 13% rise; Iluka axes dividend, plans $350m issue to fund growth; Clough tips strong year on $1b book; RBA fears food prices rise; Shares take off after $618 Qantas result
Wesfarmers Kleenheat Gas has been taken to task in the Federal Court of Brisbane for varying the pricing for bulk LNG supplied to some commercial customers.
Specialist mining and energy software developer, ISS Group Ltd, has reported a significant boost in both revenue and profit for the six months to December 2007.
Civil construction firm Brierty Ltd has been marked down more than 5 per cent by the market today, on news that it had ended an acquisition deal and delivered an interim result which it says puts it on track to meet its prospectus forecast.
Chinese Iron and Steel Group has increased its stake in West Perth-based iron ore hopeful, Apollo Minerals Ltd, to 11.7 per cent following a placement of $2 million at 30 cents per share.
Mineral sands producer Iluka Resources Ltd has talked up the expansion prospects of its eastern states projects, after posting a full year net profit of $51.1 million in line with forecasts.
Silver Swan Group Ltd has announced the all-scrip acquisition of a portfolio of prospective gold, copper and base metal tenements in Western Australia's Murchison region from Mercator Gold plc.
ANZ's higher exposure to Centro; Woodside seeks more gas; Multiplex puts tower stake on the market; Trustee backs off from move on Palandri arm; Coffee price rise - it's bean a long time coming
This week's big economic and commercial news has highlighted the increasing importance of China to Western Australia's future prosperity, and the relative decline of the US.
Market research firm East & Partners has revealed a growing trend for Australian businesses to use third party finance brokers and mortgage originators when they are obtaining finance products.
Despite its residential interests failing to deliver strong results, NSW-based property developer Australand Property Group has recorded an operating profit after tax of $163.2 million, an increase of 5 per cent on the previous period.
Profit results lodged by a range of Western Australian companies this week indicate that it takes more than a resources boom for some companies to fire.
The state government is up for a big windfall in stamp duty from takeovers, with three big transactions theoretically providing at least $80 million this financial year.
Companies that integrate corporate social responsibility practices into their business operations benefit from a significant reduction in staff turnover, new university research has found.
A Takeovers Panel review has rejected an appeal from Falak Holding LLC, over the panel's decision not to overturn the Dubai-based company's accidental sale of its stake in Golden West Resources Ltd to hostile suitor Faistar Resources Ltd.
Coal companies in Western Australia are reporting upbeat results for testing of their deposits for gasification, a process which better uses the energy within the fossil fuel.
West Perth-based industrial company Schaffer Corporation Ltd has announced a net profit after tax of $5.8 million for the first half of the 2008 financial year, 11 per cent higher than the $5.2 million profit posted in the corresponding period last year.
Windimurra Vanadium Ltd has raised $54.8 million to fund development of its namesake project in Western Australia's Mid West, following the closure of its heavily oversubscribed entitlement issue.
Gold and base metals explorer, Augustus Minerals Ltd, has made a lacklustre debut on the Australian stock market today, with its shares opening at 40 cents each or 20 per cent down on their offer price of 50 cents.
Mineral exploration and energy technology company, Wasabi Energy Ltd, has raised $3.2 million through the sale of 4 million shares in Aviva Corporation Ltd at 80 cents each.
Desperate FMG hits road; RBA cash rate may hit 8% to curb inflation; Rural revival feeds boom economy; Rio eyes $2.6b windfall if Asian mills stump up; More time please, urges Foster's chief
Nickel miner Mincor Resources NL has announced a $31.3 million net profit after tax for the six months to December 2007, 16 per cent down on its $37.1 million profit for last year's corresponding period.
Earthmoving and mining equipment supplier, Emeco Holdings Ltd, has reported a net profit after tax of $30.5 million for the six months to December 2007, down 12.4 per cent on the corresponding period last year.
Osborne Park-based internet kiosk developer, pieNETWORKS Ltd, is hoping to raise a total of $1.5 million through the placement of 83 million new shares at 18 cents each to private investors.
Shares in Applecross-based uranium explorer Power Resources Ltd made a strong debut on the Australian Securities Exchange today, opening at 27 cents or more than 25 per cent up on their offer price.
Palandri in rescue mission as financing arm collapses; ANZ exposure sends shivers through banks; Clearance query may stall Pluto; Rio 'underwhelmed' by Vale's iron ore deal; RCR pins hopes on small clients
Shares in besieged takeover target Golden West Resources Ltd continued their downward spiral today, following the shock resignation late Friday of the company's chairman Geoff Wedlock and managing director Gary Hutchinson.
