Mineral drilling contractor Swick Mining Services (ASX:SWK) is...

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 38% on the previous corresponding period. Earnings before tax increased 34% on the corresponding period from $1.55m to $2.08m. The Company also experienced a strong increase in operating cashflow from $0.73m in December 2009 to $10.38m in the current period.