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Lower profit and revenue for CGA

DUAL-LISTED CGA Mining has posted lower revenue for the 2012 financial year as challenges at its Masbate gold operation in the Philippines prevented the profit margin from reaching the same level as the previous financial year.

Brooke Showers
Lower profit and revenue for CGA

CGA reported a net profit after tax of $US6 million ($A5.8 million) for FY12 compared to the $65 million recorded at the end of FY11. Revenue was down year-on-year from $235.3 million last financial...

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