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Matt O'Sullivan February 17, 2012 Read later QR National has reported a 32 per cent fall in net profit. S largest rail operator, QR National, has warned that coal volumes will be weaker in the second half than hoped because of disruptions from
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QR on Thursday reported a net profit for the six months to December 31 was $189.3 million, down from $278 million in the previous corresponding period. A turnaround in financial items relating to the company's privatisation, from a $37.8 million gain
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Story continues below "We've certainly got the money and we'd certainly like to see media in Australia become much higher (quality). "She's a very, very smart woman so if she's going after Fairfax there must be something in it." Mr Palmer said he was
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Under the agreement, announced in June, QR National will transport up to 10 million tonnes per annum of magnetite concentrate or direct shipping ore from the Karara project near Geraldton in Western Australia.
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QR National chief executive Lance Hockridge is remarkably coy when talk turns to the runaway share price of the former government-owned corporation...And he doesn't slam all those critics of the $7 billion privatisation, including the southern media
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The recently privatised freight and coal hauler will make redundant the workers from April 15, pending the final round of talks with unions about the redundancy program. The majority of those leaving from its 9400-strong workforce will be from its
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Fortescue flags rise Fortescue Metals Group has flagged a rise in operating costs for the March quarter because of heavy rains in the Pilbara region. Fortescue is running behind its usual rate of 40 million tonnes a year, with its quarterly
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QR National Flood damages to coal hauler QR National's rail network could reach $46 million, severely affecting the company's earnings for the fiscal year, says analysts. Subscribe to The Economic Monitor Subscribe to The Economic Monitor to get the
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Matt O'Sullivan January 10, 2011 THE coal hauler QR National expects it will be late this week before floodwaters in Queensland have receded enough to allow it to assess the extent of damage to one of its three biggest rail networks. Analysts
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Queensland companies have hit the boards since QR National's ASX debut last month and no one has done better than Bevan Slattery. His NextDC roared on to the market on Monday, making a hefty paper profit for investors who snapped up the $1 shares.
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