Aurizon net profit slides

Company News


Aurizon Holdings Limited (ASX:AZJ) has posted a net profit of $107.3 million for H1 of Fiscal 2014, 39 per cent down on the $175.7 million for the same period a year ago.

Impairments on rolling stock, infrastructure projects and a $25 million voluntary redundancy program diminished the result. The company predicts it is on track to reach H2 production guidance.

Aurizon will pay an interim dividend of 8 cents. 

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