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.
Mineral sampling equipment manufacturer Essa Australia expects to remain profitable during the second half of this financial year after it posted a 34 per cent drop in its interim net profit.
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.
Education services provider Navitas has executed an agreement with the University of Portsmouth in the UK to establish International College Portsmouth.
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.
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.
THE fallout from the global financial crisis has left many big investors with red faces as poor due diligence or undue risk taking has been exposed by the seismic wrenching in the financial system.
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.
THE National Australia Bank has signed a 10-year lease to open a one of a kind branch at the former Red Rooster premises in the Murray Street Mall later this year.
THREE Western Australian companies servicing the resource sector have managed to defy the economic downturn to report record sales and profits in the half-year to December 2008.
AS Local Government Minister John Castrilli continues to advocate mergers of local councils, some councils that have already undergone amalgamation say local communities feared the loss of a town's cultural identity.
IN what is already being pegged as the biggest office leasing deal of the year, Chevron has signed a 10-year lease agreement for the entire 14-level Dynons Plaza office tower.
An impairment charge to its New Zealand business and reduced levels in funds under management, administration or advice has impacted Plan B Group's earnings, which fell 52 per cent.
Shares in Fortescue Metals Group have surged as much as 25 per cent today as the iron ore miner confirms it has been in talks with companies from China and the UK over investment opportunities.
Extract Resources has revealed that Rio Tinto has boosted its interest in dissident shareholder Kalahari Minerals, as its shares soared nearly 40 per cent over the past five trading days.
The falling Australian dollar has impacted Schaffer Corporation's bottom line with the industrial company today reporting a 42 per cent drop in its interim net profit.
Perth-based Arafura Resources has become the latest miner to sign an investment deal with a Chinese company, which has agreed to inject at least $8 million in return for a major shareholding.
