METS

Write-down pushes VDM into the red

HAVING to write down $A21.2 million in goodwill pertaining to its consulting division has led to a disappointing first-half result for Australia-based consulting, construction and contracting outfit VDM Group.

MiningNews.Net
Write-down pushes VDM into the red

Its directors elected not to pay a dividend. The company recorded a net loss before tax for the December half of $18.62 million, compared to a profit of $7.87 million for the same period in 2009. ...

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