Swick holds on as profits dive

SWICK Mining Services recorded an 86% year-on-year fall in profit for fiscal 2014, citing lower customer demand.

Swick holds on as profits dive Swick holds on as profits dive Swick holds on as profits dive Swick holds on as profits dive Swick holds on as profits dive

Net profit after tax was about $A1.5 million, compared to $11.3 million a year ago.

Full-year revenue was down 20% over the year to $117.

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