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Ausdrill Limited (ASX:ASL) has boosted its full year net profit by 53 per cent to $112.2 million.
The diversified mining services company says the result was increased due to its expanded services to the resources sectors in Australia and Africa.
The company achieved revenue in excess of $1 billion for the first time in its history.
Ausdrill says it plans to focus on securing long term contracts primarily in the gold mining industry.
Ausdrill has declared a final fully franked dividend of 8 cents per share.
Its full year results follow its announcement yesterday that it had inked a deal to buy the Best Tractor Parts Group for $165 million.
News: Ausdrill increases FY profit by 53%
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