Australia's largest listed freight rail and haulage company Aurizon holdings (AZJ) reported its half year 2014 results today. Aurizon, formally known at QR...

CommSec

Online Stockbroker

Australia's largest listed freight rail and haulage company Aurizon holdings (AZJ) reported its half year 2014 results today. Aurizon, formally known at QR National, reported a 39% slide in Net Profit of $107 million. Investors were happy with the news that Aurizon continues to costs and lifting productivity even in this challenging economic with a pullback in coal mining in Queensland and drought in regional area. Aurizon said strong coal haulage volumes in January and February 2014 has led the company to increased haulage guidance for FY14 year to 207-212mt (versus the previous guidance of 200 - 205mt). AJZ will pay an interim dividend of $0.08 per share on 28 March 2014 Watch the full report here:


CommSec
Online Stockbroker
Online Stockbroker

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