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DRILLING

Ausdrill sinks to loss

PREVIOUSLY announced impairments have resulted in a $A177.4 million loss for Ausdrill, but the co...

Kristie Batten

Impairment charges for the December half totalled $197.3 million. However, revenue for the period was only down 2.3% to $413.6 million and the company posted an operating profit of $19.9 million, a 3.7%...

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