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Production up, profit down: Panoramic

DESPITE a rise in production, falling nickel prices meant Panoramic Resources has seen a drop in full year net profit after tax to $A53.3 million, down from $88.1 million for the 2007 financial year.

Kristie Batten
Production up, profit down: Panoramic

The company's net profit after tax was slightly lower than the unaudited forecast of $60 million, due to a drop in nickel prices in the June quarter. Panoramic, which changed its name from Sally Malay...

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