Reporting Season 2014

Mining contractor Barminco has been affected by a weaker resources sector but has cut costs to grow its margin on a weaker revenue base.

Iron ore explorer Gindalbie Metals has detailed a $586 million loss for the financial year, which was previously flagged on the back of a write-down of its 48 per cent stake in the Karara project.

Property developers have reported substantial earnings growth during the 12 months to June as low interest rate settings foster a transition from resources to dwelling investment.

Bitcoin trader Digital CC has claimed a profitable entry into the computer-generated currency sector, highlighting a $630,146 profit for three and a half months of business, despite the vehicle through which it conducted a backdoor listing recording an $11.8 million loss for the financial year.

Sharp timing on commodities stocks has helped drive a strong result for investment manager Katana Capital, with a 187 per cent increase in revenue to $8.3 million, from $2.8 million the previous financial year.

Apartment development specialist Finbar Group has notched up its eighth consecutive year of profit growth, with the results indicative of Perth's growing appetite for high-rise dwellings.

Gold and nickel producer Independence Group has raised its full-year profit by 60.7 per cent to $46.6 million on the back of the production commencement at Tropicana and an improved nickel price in the second half of the year.

Window coverings manufacturer and retailer Kresta Holdings has reported a $1.4 million loss for the year ended June 30, down from $1.5 million net profit last year.

Gold miner Evolution Mining has reported a $50 million net profit after tax largely due to starting commercial production at its Mt Carlton mine and significant cost reductions in response to a lower gold price.