Business Services Industry
Resources sector ready to pump out a 60% earnings surge.
Australasian Business Intelligence, July, 2005
Byline: Barry FitzGerald
Jul 24, 2005 (The Age - ABIX via COMTEX) -- Many Australian resources companies are expected to post strong profit results over
the six weeks following 25 July 2005. Analysts have lifted the June-half profit expectations of Rio Tinto to about $US2
billion, based on the group's better-than- expected June quarter sales and volumes report. Meanwhile, Zinifex has lifted its full-year profit guidance from $A190 million to between $A225 million and $A230 million. Analysts are predicting BHP Billion will post a profit result of about $US6 billion.
Publication Date: 25 July 2005
ZINIFEX LIMITED - ASX ZFX:
ILUKA RESOURCES LIMITED - ASX ILU: ...
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