METS

Ausdrill flags write-down

AUSDRILL has flagged a A$75-95 million non-cash impairment in its year-end financial accounts, which will be released in August, but it says the write-down is a fraction of its total asset and will not affect it 2018-19 guidance.

Ausdrill flags write-down

The company expects to post a 12-month underlying net profit after tax of $98 million. The impairment comes as the company works through its financials during a review of its working capital and...

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