TECHNOLOGY

Orica posts loss, quitting Russia

ORICA has posted a net loss after tax of $85 million for the half year ended March 31, a marked turnaround from the $79 million net profit after tax it posted in the prior corresponding period.

Getting its technology into mining a key focus for Orica.

Getting its technology into mining a key focus for Orica.

No doubt the $214 million in significant items after tax played a role. Sales revenue for the half was a tick over $3 billion, up 27% from the $2.4 billion in the prior corresponding period. Earnings...

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