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NRW increases profit, reduces debt

PERTH-headquartered mining and civil contractor NRW Holdings has increased revenue almost 29% to $370.3 million and reduced debt but decided against a dividend in its full year results to June 30.

Ngaire McDiarmid
NRW increases profit, reduces debt

EBITDA was up 24.6% to A$58.8 million and net profit after tax was up 33% to $28.5 million, with earnings per share of 9.1c. However directors did not declare a final dividend, saying the most appropriate...

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