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Exchange rate pain for WorleyParsons

WORLEYPARSONS has reported a net profit after tax of $353 million for the 2011-12 financial year, which is down 3% on the previous year's $364 million NPAT.

Exchange rate pain for WorleyParsons

The company puts the drop down to exchange rate movements, saying it had cost it $14.2 million in net profit. The underlying NPAT was up 16% on the previous year to $346 million though. Operating cash...

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