East Perth-based engineering company Lycopodium Ltd believes the buoyant minerals sector outlook will offset challenging conditions in the biodiesel and manufacturing sectors, as it today announced a 40 per cent increase in full-year net profit.
The short-term outlook for state energy retailer Synergy appears robust with Standard & Poor's Ratings Services today assigning an A-1+ corporate credit rating.
Takeover target Ausdrill Ltd has posted a 28 per cent increase in its full year net profit on the back of a six per cent increase in revenue to $391 million.
WA set to lose $25b gas project to Darwin; Coal fires but Coles a work in progress: Wesfarmers; Jobs go, debt slashed as B&B fights for a future; Carbon plan 'a company killer'; New scheme brings foreign workers to Kimberley
Mining services company Mineral Resources Ltd has reported a net profit of $47 million for the 2008 financial year, up 134 per cent from the previous year.
West Perth-based mining company Sphere Investments Ltd is looking for a new partner for its Mauritanian iron ore project, after Qatar Steel walked away from acquiring a 15 per cent interest worth $130 million.
The mining boom has fed into mining services company Brandrill Ltd's full year net profit, which has increased 36 per cent to $11 million in fiscal 2008.
Is it a sign of the times? St George Bank has moved to take control of Warren Mead’s restaurant empire, appointing Shaun Fraser and Simon Read from McGrathNicol as receivers this morning.
The Australian Competition and Consumer Commission has been forced to take a tougher stance on accepting undertakings during mergers following examples of businesses acting in bad faith, ACCC chairman Graeme Samuel said today.
Small-medium enterprise investor Greencap Ltd has acquired two businesses in a scrip and cash deal worth $19 million while it plans to raise over $7 million through a share placement.
Civil construction company Brierty Ltd has posted a full-year net loss of $1.3 million after downgrading its profit twice in its first year of listing on the stock market.
The Carpenter government is working on a rescue package to stop the closure of some of the state's rural rail network, owned by embattled Babcock & Brown, but will not bail out the entire network.
Balcatta-based clean energy technology group Orbital Corporation Ltd has confirmed plans to continue to expand in aligned business sectors after today announcing a $500,000 net annual profit.
Miner Mincor Resources Ltd has reported a 36 per cent fall in net profit for the 2008 financial year to $64 million on the back of lower nickel prices.
Wesfarmers Ltd's share price slumped today after it announced a 33 per cent increase in net profit for the year ending June 2008 of just over $1 billion but a fall in earnings per share.
Engineering company Clough Ltd has turned around its 2007 financial year loss into a net profit of $67 million while its order book stands at $1.2 billion.
Falling commodity prices have hit Perth-based miner Perilya Ltd which will halve ore production at its Broken Hill operation in South Australia and cut 440 jobs.
'Game on', unions warn iron miners; Farmers want state to pick up WestNet; Jobs ditched as metal prices tumble; St George loses hope of higher bid; Ausdrill battle 'down to wire'
Electricity generation hopeful Western Energy is a step closer to bringing its Kwinana power station proposal to fruition, after West Perth-based CTEC signed on to engineer, procure and construct the facility.
Indonesian media and culture scholar, Krishna Sen, has been appointed to lead The University of Western Australia's faculty of arts, humanities and social sciences.
Vietnam was once billed as Asia's next economic tiger, but double-digit inflation, a ballooning trade gap, tumbling share prices and banking sector concerns have dampened expectations to a large degree.
ANZ Bank has appointed Megan Carter to its West Perth Business Centre as a relationship manager. Ms Carter has previous experience at both BankWest and Netfin.
The Western Australian Trade Enquiry Service is operated by the Chamber of Commerce and Industry of Western Australia (CCI) with the support of the WA Government's Department of Industry and Resour
Alliance Resources Ltd Patric Mutz will join the board as independent non-executive director. Bauxite Resources Ltd Daniel Tenardi has been appointed managing director.
Fremantle's Queen Victoria Street has long been home to an assortment of car dealerships and retailers, but plans to allow high-density development along the strip could lead to a redevelopment of the entire area.
Mining hospitality and accommodation provider Auzcorp will develop a $45 million, 136-room hotel in Tom Price after being selected as the preferred bidder under the government's Landbank program.
