No Video/Audio Available.
Related Content
  Midday: Aus shares in positive territory
12:00 PM - Apr 09, 2013
09 Apr 2013 - Aus shares in positive territory. Shares in Sundance Resources Limited (ASX:SDL) dive after ending its $1.3 billion takeover deal with H...
  Outlook: Aus shares set to gain
08:02 AM - Apr 03, 2013
03 Apr 2013 - Aus shares set to gain. Lynas Corporation Limited (ASX:LYC) slumps amid concerns for the rare earths pricing outlook and permit uncertai...
  Midday: Aus shares recoil on Cyprus fears
12:00 PM - Mar 28, 2013
28 Mar 2013 - Telecom Corp of New Zealand (ASX:TEL) plans to slash approximately 1,000 full time equivalent employees by the middle of the year.
  Bluescope $1.4B JV revs up
10:02 AM - Mar 28, 2013
28 Mar 2013 - BlueScope Steel Limited’s (ASX:BSL) announces the official start up of its $US1.4 billion Coated Products Joint Venture with the world’s...
  Mining profits hit by write-downs
11:05 AM - Feb 21, 2013
21 Feb 2013 – As the earnings season kicks off the mining sector is delivering some notable losses.
10:01 AM - Aug 20, 2012
BlueScope Steel posts $1B FY loss
20 Aug 2012 - BlueScope Steel Limited (ASX:BSL) posts an annual net loss of $1.04 billion, hit by impairment charges, restructuring costs and a strong Australian dollar.
 Read Full Transcript
Latest Interviews
Wolf of Wall Street speaks to FNN
12:15 PM - May 13, 2013
13 May 2013 - Jordan Belfort aka the 'Wolf of Wall Street' speaks to FNN about the art of persuasion and his system of selling that helped him earn $50 million per year on the stock market in the 1990...
HSBC’s Bloxham declares easing phase over
03:00 PM - May 07, 2013
07 May 2013 - HSBC Chief Economist and former RBA economist Paul Bloxham speaks to FNN about his outlook on interest rates, the property market and the resources sector.
Property market trending steady
02:35 PM - May 03, 2013
03 May 2013 - Craig Mackenzie explains RP Data’s property sector outlook for the following year and when to expect a rate cut from the RBA.
UCL responds to Mawarid takeover bid
04:15 PM - Apr 24, 2013
24 Apr 2013 - UCL Resources Limited (ASX:UCL) Chief Executive Officer Chris Jordinson discusses the company’s response to a takeover bid by Mawarid Mining.
SubZero prepares to float on ASX
02:50 PM - Apr 22, 2013
22 Apr 2013 - SubZero Group Limited (ASX:SZG) Managing Director, Scott Farrell discusses the mining services provider’s plans to float on the Australian Securities Exchange.

  Close Transcript

BlueScope Steel Limited (ASX:BSL) has posted a net loss of $1.04 billion for the 2012 financial year, hit by impairment charges, restructuring costs and a strong Australian dollar. The steel maker’s result was only a marginal improvement from last year’s $1.05 billion net loss.  
 
On an underlying basis the company reported a $238 million net loss, dragged down by a softening construction sector in Australia. 
 
Just last week BlueScope Steel announced a $1.4 billion joint venture with Japan’s Nippon Steel Corporation. 
 
CEO Paul O’Malley says fiscal 2012 was a transforming year and the company is now well positioned for growth. BlueScope Steel expects a continued financial performance improvement in the first half of fiscal 2013 with an underlying net after tax loss approaching breakeven. 
 
No final dividend has been declared. 

Page : First Prev 1 2 3 4 5  ... Next Last 
© Copyright 2010 Finance News Network..