Profit up at Monadelphous

REVENUE was up 12.3% for the first half of 2021-22 on the prior corresponding period to a tick over $1 billion and net profit after tax was up 17.7% to $30.1 million for engineering company Monadelphous.

Profit up at Monadelphous Profit up at Monadelphous Profit up at Monadelphous Profit up at Monadelphous Profit up at Monadelphous

Labour shortages remain a concern.

Better yet, demand for maintenance services increased significantly with its Maintenance and Industrial Services division achieving record half year revenue of $596.2 million. That was up 21.