Master Drilling Group Ltd 2017 IR
The report outlines the strategic and operational performance of Master Drilling Group Limited for the fiscal year 2017. During the year, the company expanded its global footprint by deploying machines into India and Australia and placing an order for a Mobile Tunnel Boring Machine. Financially, revenue increased by 2.8% to USD 121.4 million, although profit for the year decreased by 21.5% to USD 17.5 million due to increased logistics, labor, and tax costs. On safety, the company improved its lost-time injury frequency rate (LTIFR) from 2.78 to 2.31, moving closer to its zero-harm target. Additionally, Master Drilling continued its focus on technological innovation, including progress on its Blind Shaft Boring System and Horizontal Rock Borer.
Company: Master Drilling Group Ltd
Sector: Construction
Country: South Africa
Year: 2017
Type: IR
Pages: 126
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Master Drilling Group Ltd
Integrated Report
The report outlines the strategic and operational performance of Master Drilling Group Limited for the fiscal year 2017. During the year, the company expanded its global footprint by deploying machines into India and Australia and placing an order for a Mobile Tunnel Boring Machine. Financially, revenue increased by 2.8% to USD 121.4 million, although profit for the year decreased by 21.5% to USD 17.5 million due to increased logistics, labor, and tax costs. On safety, the company improved its lost-time injury frequency rate (LTIFR) from 2.78 to 2.31, moving closer to its zero-harm target. Additionally, Master Drilling continued its focus on technological innovation, including progress on its Blind Shaft Boring System and Horizontal Rock Borer.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees