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UNDERGROUND

Perenti solid

MINING services provider Perenti has posted a solid result for the first half of 2021-22 reporting revenue of $1.2 billion, earnings before interest, tax, depreciation and amortisation of $202.8 million, and a net profit after tax of $26.7 million.

Noel Dyson
Much of Perenti's $9.5 billion project pipeline is geared towards high margin underground work.

Much of Perenti's $9.5 billion project pipeline is geared towards high margin underground work.

Those results were in line with expectations. Perenti has work in hand of $5.7 billion, including $1.4 billion of extensions and a $9.5 billion project pipeline geared towards high-margin underground...

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