Earnings down for Barminco

PAUL Muller will have his work cut out for him when he starts as Barminco CEO in October with the underground hard rock mining contractor reporting a statutory net loss after tax for 2016-17.

Earnings down for Barminco Earnings down for Barminco Earnings down for Barminco Earnings down for Barminco Earnings down for Barminco

Barminco's financial results have taken a battering.

The loss has been blamed on the non-cash impact of the tax effect accounting related to carry-forward tax credits and one-off costs associated with refinancing.

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