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AUSTRALIA

Demand drives Monadelphous to record profit

ENGINEERING group Monadelphous says a spate of new construction projects, driven by increased demand from resources projects, has helped it post a $A79.1 million profit for the six months to the end of 2012.

Lauren Barrett
Demand drives Monadelphous to record profit

The 37.5% increase in net profit after tax year on year was thanks to the company recording $1.3 billion in record sales revenue. This marks a 46.6% rise in sales revenue over the previous corresponding...

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