The company I have been given is The Monadelphous Group Limited which is a parent company and 17 subsidiaries. The company is in the top 100 on the Australian Stock Exchange.
Curtis Island project
The company was started in 1972 and placed on the Australian Stock Exchange in 1991.The company is made up of two divisions
Engineering and construction and maintenance industrial services.
They are responsible for major mining construction
projects, long-term maintenance in the mining industry, support services to the
aviation industry and in recent years pipeline and water construction and
maintenance.
The company has been going from strength to strength winning major construction and maintenance contracts including marine projects such as the Wiggins Island Coal Export terminal in Gladstone QLD or the gas pipeline installation in Papua New Guinea. In 2006 employee numbers past 4,000 and in 2007 it joined the ASX list in the top 200, by 2011 it joined the top 100 with employees exceeding 7,400 in 2013. The company has a $2.6 billion dollar revenue and has total equity and reserves of $300 million and in 2013 made a profit of $156 million THIS IS WHERE MY QUESTIONS START ...... thats not a great profit on $2.6 billion dollars ....
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