PROCESSING

Skinny profit for Lycopodium

LYCOPODIUM has posted a slender $A550,000 profit for the half year but says the worst of the downturn could be behind it.

Andrew Duffy
The numbers are looking better for Lycopodium.

The numbers are looking better for Lycopodium.

The contractor chalked up revenue of $61.1 million for the six month period and highlighted its strong cash balance of $34 million. It said the downturn continued to weigh on the bottom line but conditions...

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