Shares in NRW Holdings have risen sharply in early trade on the back of a 45 per cent lift in its interim net profit driven by higher revenue from its mining division.
PetroChina Co will reportedly buy a further 2 million tonnes of liquefied natural gas each year from the Gorgon project after it signed a deal with co-owner ExxonMobil.
Southern Cross Electrical Engineering has forecast a 28 per cent increase in its full-year net profit after it was selected as CITIC Pacific's preferred contractor for the Cape Preston iron ore project.
Perth-headquartered Cash Converters has lifted its full-year net profit guidance to up to $15 million as it delivers a record first half profit result, boosted by acquisitions in Australia and the UK.
Boutique financial advisory firm Indian Ocean Capital is set to expand to the east coast and double staff levels as it forecasts a market recovery later this year.
Project delays as a result of the global economic crisis have impacted RCR Tomlinson's half-year net profit despite the company booking a record revenue result.
Perth-based Po Valley Energy has successfully raised $10 million through a private placement, with funds raised to progress four Italian gas development projects.
At a time when most companies are reporting lower profits, manganese miner OM Holdings has delivered a record annual earnings result, which jumped 103 per cent compared to the previous year.
Henderson shipbuilder Austal expects revenue and profit to continue its downward trend in the second half of fiscal 2009, as it reports a 43 per cent fall in first half net profit.
A near $5 million impairment charge to one of Coventry Group's divisions has impacted the company's bottom line, which fell 61 per cent for the first half of fiscal 2009.
Dalkeith has been revealed as the quickest suburb in Perth to sell a house, with the average time on the market to sell a home at 17 days compared to the city's average of 44.
Kresta Holdings expects difficult market conditions to continue well into next year as it posts a 57 per cent slump in its half-year net profit to $1.5 million.
Oil and gas services company Mermaid Marine Australia has reported a 63 per cent lift in its interim net profit on the back of higher margins from its international business.
A sharp fall in the nickel price, the Varanus Island gas explosion and write downs have all contributed to a red calendar year for Minara Resources, which reported a net loss of $19.8 million, down from the previous year's $270.5 million net profit.
Shares in Carnegie Corporation have risen as much as 27 per cent in trade today on the back of the state government investing $12.5 million in the company's new low-emissions power station off the coast of Albany.
Premier Colin Barnett remains optimistic that Inpex may change its mind over the location of its $15 billion liquefied natural gas project after meeting with the company's senior executives.
Gold miner St Barbara, which holds operations in Western Australia, expects to extend its half-year loss to some $44 million as a result of write downs and lower carrying values of listed investments.
Engineering and construction company Paladio Group says it is well placed to deliver a profit for fiscal 2009 despite a possible $4 million hit from the suspension of works at the Windimurra Vanadium project.
Administrators for Monarch Gold Mining say the Minjar gold project is likely to be sold within the next few days as a mixture of local and overseas parties express interests in other assets.
Dragon Energy has become the first Western Australian company to list on the stock market this year as it shares continue to trade at a premium to its 20 cent issue price.
Western Australia has suffered the biggest yearly fall in vehicle sales compared to other states and territories, with figures slumping nearly 20 per cent.
Global Construction Services says it will take a more conservative approach to acquisitions as it delivers a 15 per cent increase in its interim net profit of $5.4 million.
Losses from discontinuing operations have hit Clough's bottom line with the engineering and construction company reporting a 30 per cent fall in its interim net profit.
DESPITE the doom and gloom coming from the state's mining sector, the January Deloitte WA Index revealed stock values of miners rose more than 3 per cent, bucking the overall trend.
