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Swick flags potential impairment

SWICK Mining Services may report a pre-tax $A20-25 million asset impairment in its financial results next month.

Jack McGinn
Swick may report a pre-tax $A20-25 million asset impairment in its financial results next month.

Swick may report a pre-tax $A20-25 million asset impairment in its financial results next month.

The company said it expected the impact of low commodity prices, challenging market conditions and low equipment utilisation in non-core divisions to result in the write-down to the carrying value of equipment...

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