Brief: Macmahon Holdings Says Secured A 20-Month Extension Of Work At Byerwen Coking Coal Mine

Macmahon Holdings

30/03/2023 09:26

March 30 (Reuters) - Macmahon Holdings Ltd  MAH.AX :
    * SECURED A 20-MONTH EXTENSION OF ITS WORK AT BYERWEN COKING
COAL
MINE
    * CONTRACT EXPECTED TO GENERATE APPROXIMATELY A$440 MILLION
IN
REVENUE OVER EXTENSION PERIOD
    * NO NEW CAPITAL EXPENDITURE OR INCREASE IN WORKING CAPITAL
REQUIRED DUE TO CONTRACT EXTENSION
    * CONTRACT EXTENSION DOES NOT AFFECT CO'S FY23 UNDERLYING
EARNINGS
GUIDANCE OF A$105 MILLION TO A$125 MILLION

Source text for Eikon:  ID:nASX98B8Cv 
Further company coverage:  MAH.AX 

 ((Reuters.Briefs@thomsonreuters.com;))