CAPITAL MARKETS

Macarthur profit slides to $42m

MACARTHUR Coal today reported a sharp decline in its half-year profit, and is now banking on perfect weather and no further cost pressures or port delays to achieve its full-year production and profit forecasts.

MiningNews.Net
Macarthur profit slides to $42m

For the first half of fiscal 2007, Macarthur's net profit dived to $42.4 million, from $82.1 million in the previous corresponding period. "Macarthur Coal's profits were primarily affected by the 30...

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