|Bid||4.50 x 67700|
|Ask||4.62 x 899000|
|Day's range||4.56 - 4.64|
|52-week range||4.44 - 5.74|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.12 (3.99%)|
|1y target est||4.68|
Aurizon Holdings has flagged a reduction in coal haulage at its Queensland rail network after an unfavourable draft ruling by the Queensland competition regulator but has affirmed its guidance for full-year underlying earnings. The rail freight operator has posted a first-half profit of $281.5 million, a 52 per cent jump from the previous corresponding period when its bottom line was weighed down by impairments and one-off items. Chief executive Andrew Harding on Monday outlined the impact of a draft decision issued by the Queensland Competition Authority in December, which the company has called flawed and says contains fundamental errors.
Aurizon Holdings Ltd., Australia’s biggest rail freight operator, is in talks to acquire the Wiggins Island Coal Export Terminal as part of a deal that would help it secure long-term volumes and boost ...