Perth-based gold miner Perilya Ltd has reported a full-year net loss of $140.2 million after writedowns totaling $188.2 million associated with its Broken Hill zinc and lead operation.
Investor Duncan Saville's Ingot Entities has agreed to buy embattled ticketing company ERG Ltd which today posted a net loss of $103 million for the 2008 financial year.
Despite a volatile market in the second half of the 2008 financial year, the full year net profit in construction company Diploma Group Ltd has soared over 290 per cent, boosted by the early settlement of the Probuild joint venture agreement.
Welshpool-based mining services company NRW Holdings Ltd has forecast a profit growth of at least 15 per cent for the 2009 financial year, as it today reported a 137 per cent jump in full year net profit.
Panoramic Resources Ltd has followed the trend of its fellow nickel miners, today posting a 40 per cent fall in full year net profit to $53.3 million on the back of lower commodity prices and higher operating costs.
Aspiring potash producer Reward Minerals Ltd will seek arbitration under the Native Title Act after it called off the commercial offers made to the Martu people over the Lake Disappointment project.
Higher exploration costs have dented gold miner St Barbara Ltd's full year earnings loss, which plummeted to a loss of $17.3 million, down from the previous year's net loss of $2.9 million.
Premier Alan Carpenter's election pledge to legislate a uranium ban may cost the country some $200 million in investment as one Canadian company considers a withdrawal from its Australian assets.
A loss in property revaluations has taken the shine off an increase in retail sales for Bedshed owner Joyce Corporation Ltd, which posted a net profit fall of 34 per cent for the 2008 financial year.
A loss of over $9 million from its waste renewable division has impacted Perth-based engineering company GRD Ltd’s half-year earnings, which slumped to a loss of $438,000.
A day after delivering a record first half profit, Woodside Petroleum Ltd has started production at its Vincent oil project off the North West Cape in Western Australia.
Perth-based explorer Arafura Resources Ltd and fertiliser maker Incitec Pivot Ltd are studying the possibility of constructing integrated chemical facilities to supply chemicals to Arafura's proposed rare-earth phosphate processing facility.
The past year has provided a bumpy ride for players in the base metals field, as sharp falls in commodity prices, a stronger Australian dollar and rising cost pressures bite into the bottom line.
The falling Australian dollar could play out nicely for industrial company Schaffer Corporation Ltd, which last week posted a 6 per cent increase in net profit to $11 million for the 2008 financial year.
East Perth-based engineering company VDM Group Ltd has reported a net profit of $25.5 million for the 2008 financial year, up 145 per cent on the previous corresponding period.
A national think tank has called for tax cuts, better urban planning and the privatisation of the state's rail network and electricity generation ahead of the state election next month.
A booming oil and gas industry has steered engineering company Neptune Marine Ltd out of the red to post its maiden full year net profit after tax of $7.4 million.
Despite forecasting a profit growth in excess of $40 million for the 2008 financial year, Western Australian property developer Port Bouvard Ltd has reported an 88 per cent slump in net profit to $3.2 million.
A number of acquisitions over the 2008 financial year have driven Cash Converters International Ltd's net profit up 31 per cent to a record of over $15 million.
Premier Alan Carpenter's pledge to impose a legislative ban on uranium mining has prompted an outcry from mining lobby groups and the traditional owners who hold land rights over the major Kintyre uranium deposit.
Perth-based carbon sequestrian company CO2 Group Ltd has turned around its loss in fiscal 2007 to a profit of $1.6 million for the 2008 financial year as it continued to invest in intellectual property and increase organisation capacity.
Guildford-based Swick Mining Services Ltd has forecast revenue growth of 84 per cent for fiscal 2009 after posting a record full year net profit of $10.3 million on the back of higher demand.
The managing director of earthmoving and mining equipment supplier Emeco Holdings Ltd has described the company's full-year performance as a "tale of two halves" as it booked a net profit decline of 10 per cent.
Despite a challenging year for the financial sector, Perth-based Police & Nurses Credit Society has reported a slight fall in group net profit to $19 million for the 2008 financial year.
Portman Ltd has spent over $4 million shoring up its shareholding position in Golden West Resources Ltd, after a share placement diluted its stake last week.
Shares in agribusiness investment manager Great Southern Ltd jumped briefly higher today after a major restructure proposal to create a company with three business streams.
Property developer Finbar Group Ltd has met its earnings forecast for 2008 financial year with net profit after tax skyrocketing over 300 per cent to $12 million.
It's a win-win situation for iron ore hopeful Golden West Resources Ltd and Yilgarn Infrastructure Ltd following a rail and port deal in the state's Mid West region.
Bamboo flooring products company Style Ltd has reported a full year net loss of $6.8 million on the back of lower gross margins, an increase in overheads and weaker than anticipated revenues.
