Impairments drag MACA to loss

MINING and civil contractor MACA has delivered a net loss for 2019-20 of A$17.4 million, despite stronger profits, after taking a thumping on money owed by Queensland coal miner Carabella Resources, foreign exchange losses on its discontinued operations in Brazil, and the Victoria’s state of emergency.

Impairments drag MACA to loss Impairments drag MACA to loss Impairments drag MACA to loss Impairments drag MACA to loss Impairments drag MACA to loss

MACA's coal exposure weighed on the company

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