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Article: Australia : Ausdrill posts record $40.25m profit.(Financial report)
- Article from:
- TendersInfo
- Article date:
- August 26, 2009
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Byline: shiv03
AN $11.88 million foreign exchange windfall has helped Perth-based mining service company Ausdrill to a record $40.25 million annual profit.
The 2008-9 result was up 14 per cent on the previous year, and followed a 30 per cent rise in revenue to $509.0 million and a 43 per cent rise in earnings to $126.1 million. Ausdrill chairman Terry O Connor said the record result came despite a fall-off in work and increased pressure on margins as a result of the global economic crisis.
Ausdrill s diverse range of services to the mining industry and our base of blue-chip clientele have enabled us to deliver a record profit result in a very ...