METS

QRN lifts operational earnings

QUEENSLAND Rail National’s net profit after tax fell 32% year-on-year to $A189 million for the last half of 2011 due to a significant tax credit in the previous year but its underlying earnings before interest and tax were up 11%.

Blair Price
QRN lifts operational earnings

Arising from the privatisation of the rail operator, the second half of 2010 figures were boosted by a $281 million tax credit. While revenue only improved 1% year-on-year during the 2011 second half,...

Start a free trial to continue reading this article

Already have an account?

Subscribe now
MORE ON THIS TOPIC

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.