Macmahon profits on Tropicana boost

MACMAHON Holdings generated a net profit after tax of $A1.7 million in FY16 despite challenges at its Nigerian operations and high start-up costs at the Telfer mine.

Macmahon profits on Tropicana boost Macmahon profits on Tropicana boost Macmahon profits on Tropicana boost Macmahon profits on Tropicana boost Macmahon profits on Tropicana boost

Company revenue fell in line with predictions to $347.4 million for the year, down from $660.2 million generated the year before, while underlying net profit after tax was $3.