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Write-downs bring Leighton profits down 41%

AUSTRALIA’S largest construction company Leighton Holdings has posted a 41% drop in profits for the nine months to March 31, 2009, with the company attributing this to $A190 million in write-downs.

MiningNews.Net
Write-downs bring Leighton profits down 41%

Leighton said its profit after tax for the period was $220 million (compared to $375 million last year). The company's chief executive Wal King said the result was solid given the backdrop of the current...

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