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Bathurst sinks into the red

NEW Zealand coal producer Bathurst Resources has reported a$1.1 million net loss after tax for the six months ended December 31, compared to a profit of $142,000 for the previous corresponding period.

Lou Caruana
Bathurst sinks into the red

Underlying profit after tax was $200,000 for the period, compared to a profit of $400,000 in the prior period despite a 29% drop in sales revenue to $20.5 million. The company spent $589,000 to place...

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