Aspen Group Ltd has resported an underlying net profit after tax of $19 million for the half year, representing a 63 per cent increase on the corresponding period.
Port boost on $400m deal; Crack down on short selling says NAB; ASX warns miners on disclosure; Receivers kick off Westpoint actions with a $12.7m claim; Coal assets important: Goyder
Portman Ltd reported a full year net profit for 2007 of $96.6 million, down almost 17 per cent compared with the previous year, blaming the rising Australian dollar, hedge book movements, higher costs and an unfavourable sales mix.
Listed WA property group Port Bouvard Ltd has advised the market that it had decided not to proceed with the syndication of its Oceanique Luxury Apartment development.
Cedar Woods Properties Ltd has reported an interim net profit of $4.6 million, maintaining its full year net profit forecast of approximately $20m, which will be a record for the company.
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.
The Court of Appeal of the Supreme Court of Western Australia has today dimissed Uranium Equities' appeal in which it sought to assert a claim to some of Energy and Minerals Australia tenement holdings at Mulga Rock, located north of Kalgoorlie.
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
Leading national window coverings company Kresta Holdings Limited is on track to exceed last year's full year financial result after announcing a 45 per cent increase in net profit after tax for the half year.
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.
Western Australia continues to have the highest annual wages of all states at just over $63,000, around $3,500 higher than New South Wales, new Australian Bureau of Statistics data shows.
Shares in West Perth-based mineral explorer Haddington Resources Ltd soared as high as 66 per cent in intraday trade, following better than expected uranium findings at its Shoobridge project in the Northern Territory.
The 3.5 star Emerald Hotel Perth is set for a major refurbishment following its sale to the Singaporean owner of Scarborough's Rendezvous Observation City Hotel for $25.1 million.
West Perth-based clean energy technology company, Carnegie Corporation Ltd, has acquired new solar thermal and wind aerofoil technologies, invented by its chairman Alan Burns.
International tests have confirmed that Collie coal is one of the most suitable coals for gasification in Australia, a result which the state government believes is a major step forward in the development of clean coal technology in Western Australia.
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.
Perth-based Indian sandalwood grower, TFS Corporation Ltd, has signed a five year deal with UK-based handmade cosmetics company Lush, for the supply of oil produced from TFS' plantations.
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.
The West Perth office market may be effectively full, but a series of small developments in the area, and at the west end of the city, will help to ease supply in the next year.
An independent expert advisory group to be chaired by Western Australia’s chief scientist, Professor Lyn Beazley (pictured), has been formed to oversee the first round of funding from the $36.5 millio
The increased iron ore price is great news for WA exporters but it does have a downside.
It will quickly flow back in the form of higher steel prices, which will make future expansion projects more expensive.
