Aurizon result cruelled

THIS morning’s announcement that Aurizon had picked up a contract to haul Wollongong coal may be slight comfort for a full-year result in which net profit after tax fell 88%.

Aurizon result cruelled Aurizon result cruelled Aurizon result cruelled Aurizon result cruelled Aurizon result cruelled

Depressed coal haulage volumes have hurt Aurizon's financial result.

It looks like there are some major job cuts to come too, with about 300 surplus positions identified in the company’s Operations division and at least two of those reporting directly to the CEO likely

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