MaxiTRANS downgrades profit guidance
Declining mining investment is expected to knock as much as 20 per cent off the profits of road transport company MaxiTRANS this year, to between $16.5 million and $17.5 million.
Declining mining investment is expected to knock as much as 20 per cent off the profits of road transport company MaxiTRANS this year.
The company had predicted its full-year net profit to be about $20.5 million. But on Wednesday managing director Michael Brockhoff said that number was likely to shrink to $16.5 million to $17.5 million.
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