HIGHLIGHTS
?? Sale of Surface Diamond Division completed on 14 February.
?? Strong increase in revenues and improved cashflow from operations.
?? Continued aggressive reduction of debt.
?? Current level of capital investment supports significant revenue growth.
?? Strong focus on reducing capital cost of Swick??s proprietary Mobile Drill Rig.
?? Increased market activity, strong tendering pipeline.
?? North America to maintain its contribution with good opportunities for new work.
Mineral drilling contractor Swick Mining Services (ASX:SWK) is pleased to announce a net
profit after tax of $1.54 million from revenue of $54.72 million for the six months ended
31 December 2010.
Revenue increased
HIGHLIGHTS?? Sale of Surface Diamond Division completed on 14...
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