Aurizon Holdings Ltd logo

Aurizon Holdings Ltd

0
ASX:AZJ (Australia)  
A$ 3.44 (+0.88%) Nov 5
15.57
P/B:
1.42
Market Cap:
A$ 6.33B ($ 4.20B)
Enterprise V:
A$ 11.21B ($ 7.44B)
Volume:
3.33M
Avg Vol (2M):
6.24M
Trade In:
Volume:
3.33M
Avg Vol (2M):
6.24M

Business Description

Description
Aurizon operates rail haulage of coal, iron ore, and freight, and owns a regulated rail network in Queensland. Coal haulage from mine to port contributes a third of operating income. The noncoal bulk segment contributes about 15% of earnings and undertakes the rail haulage of agricultural, mining, and industrial products. The rail network, composed of 2,670 kilometers of coal rail network under a 99-year lease from the Queensland government, contributes half of earnings.