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.
 

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