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 a senior finance journalist and presents the Market Outlook, Market at Midday and Market Wrap. She also presents ASX company news and interviews CEOs. She joined FNN in January 2017 with six years of broadcast journalism experience. She worked as a journalist and producer with Sky News Business, ABC 1, ABC's The Business and ABC24. She also worked in regional Australia for Prime 7 and WIN News as a TV reporter. In her prior life she worked as a financial planner.