Following a solid 2022 performance, JSE-listed Master Drilling achieved another good performance for the six months ended June 30, with revenue up by 12% year-on-year to $108.2-million, CEO Danie Pretorius says.
Operating profit was up 22.8% to $21.2-million. The increase in revenue and operating profit follows a record 2022 despite difficult operating conditions experienced globally.
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