CAPITAL MARKETS

Swick's profit takes 80% tumble

DRILLING contractor Swick Mining Services has reported an 80% year-on-year slide in net profit for the 2009 financial year but remains positive for a strong 2010.

MiningNews.Net
Swick's profit takes 80% tumble

The company today posted a net profit after tax of $2.1 million, compared to NPAT last year of $10.3 million, on the back of non-recurring items that contributed around $2.3 million to the fall. Drilling...

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