Aurizon Holdings profit and revenue falls 1H2018 | Finance News Network

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 joined FNN in January 2017 with a passion for equities and funds management. As Head of News, she has been a broadcast journalist for over seven years, specialising in finance. She was a journalist 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 as a financial planner and real estate agent.