Matrix expects further growth as it tops profit forecasts

MATRIX Composites & Engineering exceeded its prospectus profit forecast for the 2010 financial year by 139% and expects the buoyant oil and gas sector to continue to drive future revenue growth.

10 August 2010
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The company, which listed on the Australia Securities Exchange late last year, said its net profit after tax for the year ended June 30, 2010, of $18.

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