METS

VDM expects drastic drop in profits

SHARES in Perth-based construction and engineering company VDM Group have plummeted more than 54%...

Kristie Batten

In its interim earnings update, VDM said it expects its profit after tax for the six-month period ending December 31, 2008 to be in the range of $A3-3.5 million, compared with $11.2 million for the six...

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