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Big loss for NRW

NRW HOLDINGS has posted a $A229.8 million loss for the 12 months to June, down from a $44.2 million profit last year.

Andrew Duffy
A ROM wall under construction by NRW at the Roy Hill Concrete Works Package.

A ROM wall under construction by NRW at the Roy Hill Concrete Works Package.

The result comes on the back of impairments totalling $157.3 million, which reflect a write-off on goodwill and a reduction in asset market values. A loss on the Roy Hill rail (RHR) project also weighed...

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