Perth-based engineering and construction company Monadelphous Group Ltd has been included in the S&P/ASX200 shares index, which will bring the stock onto the radar screens of a wider range of institutional investors.
Applecross-based engineering company Monadelphous Group Ltd has recorded a first half profit of $31.4 million, up 152 per cent on the previous corresponding period.
Shares in Applecross-based engineering company Monadelphous Group Ltd were steady on news the company had secured construction contracts worth $70 million in the resources and infrastructure sectors.
Applecross-based engineering company Monadelphous Group Ltd has secured a construction contract with BHP Billiton Iron Ore Pty Ltd worth approximately $120 million.
Applecross engineering contractor Monadelphous Group Ltd has won its largest ever single contract - a $180 million construction project with BHP Billiton.
Shares in Applecross-based Monadelphous Group Ltd have closed 13 cents higher today on the back of news the engineering services provider has been awarded a $90 million construction contract by Rio Tinto Iron Ore.
Monadelphous Group is one of Western Australia's biggest and most successful engineering construction companies, but it wouldn't be running today if it hadn't been rescued by the co-founders of United Construction.
The year 1991 was a bad time to be in business. It was the year Australia had “the recession we had to have”, to quote the immortal words of then Prime Minister Paul Keating.
LOCALLY-BASED national engineering group Monadelphous will acquire Queensland specialist instrumentation and electrical services company Murray Instrumentation and Electrical (MIE).
