Mader Group Limited Announces Earnings Results for the First Half Ended 31 December 2020
February 23, 2021 at 03:43 am IST
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Mader Group Limited announced earnings results for the first half ended 31 December 2020. For the period, the company reported total revenue of AUD 141.2 million against AUD 132.7 million a year ago. Operating profit of AUD 13,000,000 against AUD 12,515,000 a year ago. Profit for the period of AUD 8,710,000 against AUD 8,061,000 a year ago. Basic and diluted earnings per share of 4.4 cents against 4.3 cents a year ago.
Mader Group Limited is a provider of specialist technical services across multiple industries. The principal activities of the Company include provision of specialized labor and support for the maintenance of heavy mobile equipment and fixed infrastructure in the global resource sector. Its segments include Australia, North America, and the Rest of World. It provides a range of services, such as rail services, digger support team, drill support team, fabrication, and line boring, processing infrastructure, non-processing infrastructure, power generation and marine, field support, maintenance projects, electrical services, component exchange, rapid response teams, rostered support, HME shutdown teams, specialized tool hire, Mader clean team, trade upgrade program, and training national workforces. It provides maintenance solutions for the rail freight and transport industry. It offers a range of generator and marine engine servicing, preventative maintenance, and repair services.