(EnergyAsia, Feb 25) — Australian engineering company Clough Limited has reported a net loss of A$42 million for the six months to December 31, 2004, which includes provisions totalling $45.3 million in connection with the troubled BassGas contract. (US$1=A$1.25). The company said orders won during the period totalled A$827 million, generating work in hand…
AUSTRALIA: Clough reports order book turnaround, BassGas provisions impact on profit
Posted on February 25, 2005 by EnergyAsia