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Kingsgate posts $47 million profit

SYDNEY-based Kingsgate Consolidated has posted a solid A$47.3 million profit for the first full y...

Greg Tubby
Kingsgate posts $47 million profit

Thanks to an income tax holiday in Thailand and with no withholding tax on dividends remitted to Australia, Kingsgate gets to pocket the profit itself. Total production at Chatree for the year was 154,484...

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