Subscribe to RSS feedAsciano stays in the red despite robust revenue
A "very challenging" 2009 saw rail and ports operator Asciano sink into the red again, despite a strong showing by its bulk rail operations.
The group's net loss was $244.1m, after tax, restructure costs, previously reported plant and equipment impairment, establishment and demerger-related costs and Brambles shareholding losses.
This compared with a net loss the previous financial year of $181.5m.
However, earnings before interest, tax, depreciation...
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