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You are here: Home Archive 2012 August 22 Asciano profit up 42.8%

Asciano profit up 42.8%

by Oliver Probert last modified Aug 22, 2012 12:37 PM

Asciano, owner of the stevedore Patrick, saw an increase in its profits after tax of over 40% in the 2011-12 financial year.

  
Asciano profit up 42.8%

John Mullen had plenty to smile about the Asciano AGM.

The company, which also owns and operates the rail company Pacific National, announced its end-of-financial-year results this morning.

Profit after tax was the biggest riser on the company’s results sheet, moving from $170m in the 2010-11 financial year to $242.7m in...

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