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Efficiency pays off for Runge

MINING technology services company Runge is enjoying the benefits of greater efficiency across its global operations and increased demand due to the pick-up in resources activity with its revenue rising by 20% year-on-year to $A45.2 million for the six months ended December 2010.

Lau Caruana

Efficiency pays off for Runge

The low point in the cycle is over, with the company reporting an interim earnings before interest, tax, and amortisation of $3.7 million, which is 32% higher year-on year, managing director Tony Kinnane...

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