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Emeco profit plunges on Pit N Portal woes 

Contracting arm was a major drag on rental and mining services firm's balance sheet

Haydn Black
Pit N Portal has been a drag over the past year

Pit N Portal has been a drag over the past year

Emeco saw revenue up 15% for the June half at A$430 million, however earnings before income tax dropped more than 30%, leaving a net profit after tax that was halved year-on-year at just $20 million after...

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