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Big profit drop for NRW

NRW Holdings has posted a whopping 640% profit drop on the back of a larger-than-expected writedown.

Andrew Duffy
Big profit drop for NRW

The company fell to a $120.6 million loss for the six months to December, a big fall from the $22.3 million profit posted at the same time last year. A $134.9 million non-cash writedown was a key contributor...

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