Australia's Leighton Holdings posts 37 percent profit increase in 9 months
May 15, 2008
Australia'a largest construction company, Leighton Holdings Ltd., said Thursday its unaudited operating profit for the nine months ended March 31 rose 37 percent to 375 million Australian dollars (US$349 million; €226 million).
Write-off, but Leighton on track
LEIGHTON HOLDINGS has reaffirmed its full-year profit forecasts remain intact, despite the contractor writing off the remainder of its $117.5 million direct and indirect investments in Sydney's Lane Cove Tunnel.
Australia's Leighton Holdings wins US$720 million India pipeline project
Leighton International, a subsidiary of Australia's Leighton Holdings Ltd., said Tuesday that it has won a US$720 million (€470 million) to build pipelines offshore the west coast of India.
Leighton reports 37% profit rise
Leighton Holdings announced a 37 per cent increase in net operating profit for the first nine months of fiscal 2008.
Leighton scores major contracts
Leighton Holdings, Australia's biggest construction company, has secured more than $700 million of development contracts in Indonesia and Abu Dhabi.
Leighton sees 'tsunami' of opportunities
Leighton Holdings CEO Wal King says the Middle East region is in a construction frenzy and his company intends to take full advantage of the boom.
Leighton secures over $1.5b in contracts
Leighton Holdings, Australia's biggest construction company, has secured over $1.5 billion in development contracts in Indonesia and Abu Dhabi.
Leighton wins Australia's largest...
Leighton Holdings and Macquarie Group have won the $4.8b contract for Australia's largest road infrastructure project.
Leighton helps build Trump Tower
Leighton Holdings is part of a consortium picked to build the Trump International Hotel and Tower in Dubai.
$4.8b project will be Leighton's biggest
LEIGHTON Holdings has secured its largest construction project, after the Queensland Government named the BrisConnections consortium the preferred bidder to build a $4.8 billion toll road and busway connecting Brisbane's CBD, airport and northern suburbs.
India boost for Leighton
LEIGHTON Holdings, Australia's largest construction company, has won a $1 billion order to develop and operate a greenfield open-cut coal mine in India.
Leighton wins $700m Qld road contract
Leighton Holdings has been appointed the principal contractor for the $700 million Ipswich Motorway upgrade in Queensland.
BHP and Rio Tinto lead market higher
The Australian sharemarket closed higher yesterday, boosted by strong rises in global miners BHP Billiton and Rio Tinto.
Leighton announce $422m in new work
Australia's biggest construction company Leighton Holdings Ltd says two of its subsidiaries have been awarded $422 million of new work.
Australia's Leighton posts 35 percent...
Australia's largest construction company Leighton Holdings Ltd. on Thursday reported a 35 percent rise in year net profit prompted by large mining and infrastructure projects.
Australia construction company...
Leighton Holdings Ltd., Australia's largest construction company, said Thursday net profit for the six months ended Dec. 31 rose 32 percent to 250.3 million Australian dollars...
Leighton enters trading halt
Shares in constructor Leighton Holdings have entered a trading halt, citing an announcement relating to "a significant capital raising".
Leighton wins projects in Asia
Leighton Asia, a subsidiary of Leighton Holdings, has been awarded three new projects worth $US300 million ($A326.12 million) in Hong Kong and the Philippines.
Leighton surges on Accor Hotels plan
Leighton Holdings rose by the most in more than 10 years following a report that the company may form a $700 million alliance with Accor to build hotels in India and China.
Leighton cashes up for boom
LEIGHTON Holdings has announced a $700 million capital raising to help fund its drive into the booming contract mining sector and help it capture billions of extra dollars of...
Leighton arm wins $344m mining contract
Leighton Holdings subsidiary HWE Mining has won a $344 million contract with mining giant Rio Tinto to provide mine development services in the Pilbara.
World economy to keep growing: Leighton
The world economy will continue growing on the industrialisation of developing countries such as China, construction company Leighton Holdings says.
Telstra rivals slam broadband tender
TELSTRA'S competitors have lashed out at the Federal Government after it released details yesterday of the tender for a national $8 billion-plus broadband network which they...
Leighton clinches three Asian projects
Leighton Asia has been awarded three new projects worth a total of $A326.12 million in Hong Kong and the Philippines.
Brisbane Airport Link to be floated
The winning consortium for the Brisbane Airport Link will begin to float the infrastructure project on the Australian stock exchange for $1.2 billion.