Monadelphous posts record profit

AUSTRALIAN contractor Monadelphous has posted a record profit and will pay a higher dividend for the year ended June 30, with company chairman John Rubino attributing the performance to increased activity in the resources sector.

Monadelphous posts record profit Monadelphous posts record profit Monadelphous posts record profit Monadelphous posts record profit Monadelphous posts record profit

The company's profit after tax increased 48.1% on the previous year to $7.07 million while sales revenue increased 57.6% to $243.7 million.

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