ADG records bumper profit lift
Resources sector equipment and parts provider ADG Global Supply has reported a 25 per cent increase in interim operating revenue which underpinned a $339,000 profit, bouncing back from a $40,000 loss in the previous corresponding period.
ADG said it achieved the result through $426,000 in fixed and variable cost reductions, including the closure of non-core warehouses and the consolidation of freight providers.
I'd like to register please
8 free articles per month + business email alerts twice daily
us on +61 8 9288 2100 during WST office hours