In the News
MEDIA RELEASE - Master Drilling reports resilient interim results in volatile global context
12 September 2017
Master Drilling reports resilient interim results in volatile global context
Continued focussed technological innovation to drive sustained growth into the future
Master Drilling Group Limited (Master Drilling, JSE: MDI) today released its Interim Results for the six months ended 30 June 2017. Revenue increased 12.5% to USD60.5 million and operating profit decreased 9.6% to USD12.1 million. The increase in revenue was due to the contribution from two new machines compared to the same period last year and the impact of favourable foreign exchange movements.