Monadelphous still in demand despite dearth of labour

ENGINEERING company Monadelphous Group recorded total half-year 2023 revenue of $953 million and net profit after tax of $29.1 million.

Monadelphous still in demand despite dearth of labour Monadelphous still in demand despite dearth of labour Monadelphous still in demand despite dearth of labour Monadelphous still in demand despite dearth of labour Monadelphous still in demand despite dearth of labour

Monadelphous stamens

Revenue was down 10.5% on the prior corresponding period in 2022 while NPAT was down 3.1%.

Out of the company's maintenance and industrial services division, revenue was a record $676.