SURFACE

Macmahon posts $218 million loss

IMPAIRMENTS are vicious things. Had it not been for them Macmahon would have come out of what has admittedly been a very tough year with a pre-tax profit of $A13.7 million.

Noel Dyson
Macmahon is focused on growing its order book.

Macmahon is focused on growing its order book.

However, add on asset write downs, an onerous lease provision and other impairments and the company booked a $217.9 million loss. Macmahon reported revenue for the 2014-15 financial year of $660.2 million...

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