METS

MRRT clouds Macmahon's short-term outlook

MINING and construction contractor Macmahon has more than doubled its 2010 financial year net profit year-on-year to $A37.9 million but has warned that the proposed MRRT made the short-term outlook uncertain.

Lau Caruana
MRRT clouds Macmahon's short-term outlook

The company is issuing a warning on revenue, having already suffered a 16% decline in the FY2010 year-on-year to $1.25 billion. Macmahon, which is in advanced stages of negotiation on several upcoming...

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