Coronavirus cuts Orica's profit

AUSTRALIA’S largest mining equipment, technology and services provider Orica has had its net profit after tax drop 31%, with COVID-19 responsible for at least part of that.

Coronavirus cuts Orica's profit Coronavirus cuts Orica's profit Coronavirus cuts Orica's profit Coronavirus cuts Orica's profit Coronavirus cuts Orica's profit

COVID-19 has cut into Orica's profit.

Indeed, Orica had been travelling well in the first half of the 2019-20 financial year, only to have the wind taken out of its sales by lockdowns that led to lower levels of mining activity in some of

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