Mader Group Limited Announces Consolidated Audited Earnings Results for the Full Year Ended June 30, 2020
September 28, 2020 at 06:26 pm EDT
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Mader Group Limited announced consolidated audited earnings results for the full year ended June 30, 2020. For the year, the company reported revenue was AUD 273,547,000 against AUD 228,645,000 a year ago. Operating profit was AUD 26,048,000 against AUD 21,488,000 a year ago. Profit for the year was AUD 17,504,000 or 8.75 cents per basic and diluted share against AUD 14,900,000 or 8.76 cents per basic and diluted share 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.