Window coverings manufacturer and retailer Kresta Holdings has reported a $1.4 million loss for the year ended June 30, down from $1.5 million net profit last year.
Perth's investment banking sector is jockeying for position to sell Canning Vale Market City, Utah Point in Port Hedland and the Kwinana Bulk Terminal, the first assets to be sold off to reduce the
Shares in Perth contractor OTOC have surged after it announced it had taken a first step towards creating a national surveying business by acquiring Victorian firm Bosco Jonson for $17 million.
Tiger Resources says it will acquire the remaining 40 per cent shareholding in Société d'Exploitation de Kipoi for $118.6 million, to gain full ownership of its Kipoi copper project.
Design, construction and consulting group Golder Associates has been awarded a $5.7 million contract for the second phase of geotechnical studies for the planned Forrestfield Airport Link rail tunn
Gold miner Troy Resources has flagged a net loss of $59.1 million on the back of a $61.2 million asset impairment of its Karouni gold project in Guyana.
Gold miner Evolution Mining has reported a $50 million net profit after tax largely due to starting commercial production at its Mt Carlton mine and significant cost reductions in response to a lower gold price.
Perth’s largest listed land developer, Peet, has reinstated its dividend payments after recording a solid lift in net profit on the back of improved performance across all of its core divisions.
Iron ore miner Gindalbie Metals has extended its finance facility for its Karara magnetite project in the Mid West by three years and an additional $US400 million ($428 million).
Australia's second largest gold miner Northern Star Resources has suffered a 15 per cent fall in profit after buying the Jundee mine and paying redundancies.
Mining services company Ausdrill has suffered a 148.5 per cent fall in full-year profit to make a loss of $43.9 million, on the back of $77.9 million in write-downs and impairment charges as a result of the diminished outlook for mining services.
Oil and gas dealmaker Peter Allchurch has teamed up with fellow Aurora Oil & Gas founder John Kenny, and Houston-based geologist Neville Henry, to list US-focused shale oil hopeful Winchester Energy.
The Australian share market has closed modestly higher after the S&P 500 index in the United States finished above 2,000 points for the first time, helped by more encouraging data on the US economy.
Western Australian Premier Colin Barnett says he is disappointed that Moody's Investors Service downgraded the state's credit rating, describing the analysis as "very weak".
Movements in the US dollar and Ghanaian Cedi relative to the Australian dollar have combined with lower gold production and higher costs to drive Perseus Mining into losing territory.
Financing group ThinkSmart has reported a six-month net profit of $11.3 million, up 391 per cent from its posted $2.3 million in full-year profit result in February.
Sydney-based Tourism Property Investment Group has appointed commercial agent CBRE to sell the Ibis Budget Hotel on Great Eastern Highway, part of a nation-wide portfolio shuffle.
Frasers Property has launched the final stage of its Queens Riverside apartment precinct in East Perth, with inner-city apartment specialist MLG Realty appointed as exclusive selling agent.
Perth-based contractor OTOC says its diversification strategy and growth of its business divisions helped it raise full-year profit by 5 per cent to $5.46 million.
Falling commodities prices have hammered Seven Group Holdings' results, with the Kerry Stokes-led company reporting a 46 per cent fall in full year profit to $261.1 million.
Seven West Media has posted a $149.2 million profit for 2013-14 helped by cost cuts and improved television earnings, which helped it turn around its $70 million loss a year earlier.
