METS

MACA's profit through the roof

CIVIL and mining contractor MACA has posted a record 81% year-on-year jump in profit for the 2011 financial year, despite disruptions caused by rain and the closure of the Magellan Metals mine in Western Australia.

MiningNews.Net
MACA's profit through the roof

Net profit after tax was $A29.7 million compared to the $16.4 million recorded in the 2010 financial year, and exceeded forecast NPAT in its initial public offering prospectus by around 28%. The contractor’s...

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