Aurizon Holdings profit and revenue falls 1H2018

Company News

by Jessica Amir

Rail company, Aurizon Holdings (ASX:AZJ) has reported its first half 2018 financial year net profit after tax fell 5 per cent to $282 million (on an underlying basis) 

Its revenue fell 3 per cent over the same period, compared to the same time last year, falling to $1.6 billion.

Its earnings before interest and tax (EBIT) fell by 5 per cent on the prior corresponding period, to $485 million.

Meantime and in good news for shareholders, it declared a higher interim dividend of 14 cents per share.

Shares in Aurizon Holdings (ASX:AZJ) closed about 0.2 per cent lower on Friday $4.60.

Jessica Amir

Finance News Network
Jessica is the head of news and a senior finance journalist and presents bulletins including the Market Outlook, Market at Midday and Market Wrap. She also interviews ASX CEOs and leading fund managers. She joined FNN in January 2017 with over six years of broadcast journalism experience including with Sky News Business, ABC 1, ABC's The Business and ABC24. She’s also worked as a TV reporter for Prime 7 and WIN News. Jessica has worked in financial planning for over six years with leading wealth managers and in real estate.