THE Chamber of Commerce and Industry WA has named the Small Business Development Corporation, LandCorp and the state's eight port authorities as prime candidates for privatisation or review.
Drilling contractor Ausdrill has delivered a record net profit after tax of $25 million for the first half of fiscal 2009, up 52 per cent on the previous corresponding period.
At least 10,000 jobs are forecast to go in Western Australia over the next 18 months as an economic forecaster projects a 50 per cent fall in mining investments over the next two years.
Nomad Building Solutions has revised down its full year net profit forecast for the third time after reporting a 62 per cent slump in its interim earnings.
Mining services company Emeco Holdings has revised down its full year earnings forecast as it books a 30 per cent lift in half year net profit after tax of $39 million.
Fortescue Metals Group remains in a trading halt as it considers more capital raising after agreeing to sell a stake to a Chinese steel maker for $1.2 billion.
Iron ore miner Fortescue Metals Group has negotiated a $558 million capital injection at $2.48 per share with Chinese steel maker Hunan Valin Iron and Steel Group Company.
A company that acts as an agent for emerging Chinese steel mills has signed a deal with explorer Epsilon Energy over the Mardie iron ore project in the Pilbara.
Nickel miner Independence Group's net profit has slumped 99.7 per cent to $123,000 as it takes a hit from falling commodity prices and a $9.1 million write down in listed investments.
Industrial software developer ISS Group has reported a strong 52 per cent increase in half-year net profit to $1.2 million on the back of a similar 54 per cent lift in revenue.
South Perth-based Oropa is set to capitalise on the burgeoning gold market by re-focusing its activities towards the precious metal and rationalising its non-gold assets.
Perth-based Focus Minerals plans to raise up to $28 million in two separate raisings, with the majority of funds to go towards the refurbishment of a treatment facility at its Coolgardie gold project.
Subiaco-based Stirling Resources has teamed up with Indian resources company NMDC to jointly identify, acquire and develop coking coal and iron ore investments in Australia and New Zealand.
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Property developer Port Bouvard has described its interim results as "pleasing" despite posting a loss after tax of $1.2 million for the six months to the end of December 2008.
The Chamber of Commerce and Industry of WA has identified 33 government agencies which it believes are superfluous and, subject to review, need to be consolidated, abolished, or have their services privatised or contracted out.
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.
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.
Perth-based Clough has secured a $116 million contract for works at the Montara oil project in the Timor Sea from a Thai company, which less than two months ago bought Coogee Resources.
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.
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The sluggish property market has impacted Cedar Woods Properties which reported a net loss of $5.6 million for the first half of the 2009 financial year, down from the prior corresponding period's net profit of $4.6 million.
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.
