Master Drilling Group Ltd 2016 IR
The report details Master Drilling Group's financial and operational performance for the fiscal year 2016, highlighting its strategic focus on diversification across geographies, commodities, and business sectors. Despite a challenging economic environment with depressed commodities markets, the company achieved a 5.7% increase in profit after tax to USD 22.3 million and declared its maiden dividend. Key technological milestones included the successful trial of its Horizontal Raise Boring technology and progress on the Blind Shaft Boring System. The company also improved its safety performance, reducing its lost time injury frequency rate from 4.68 to 2.78.
Company: Master Drilling Group Ltd
Sector: Construction
Country: South Africa
Year: 2016
Type: IR
Pages: 114
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Master Drilling Group Ltd
Integrated Report
The report details Master Drilling Group's financial and operational performance for the fiscal year 2016, highlighting its strategic focus on diversification across geographies, commodities, and business sectors. Despite a challenging economic environment with depressed commodities markets, the company achieved a 5.7% increase in profit after tax to USD 22.3 million and declared its maiden dividend. Key technological milestones included the successful trial of its Horizontal Raise Boring technology and progress on the Blind Shaft Boring System. The company also improved its safety performance, reducing its lost time injury frequency rate from 4.68 to 2.78.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees