Toll profit tumbles to $71m
Logistics group Toll has announced a substantial decrease in profit in its 2011/12 financial year results. Net profit after tax was $71m over the last 12 months.
Managing director of Toll Group, Brian Kruger - Credit Oliver Probert
That represented a drop of 76.9% from last financial year, when the company reported a $295m profit after tax.
Revenue over the last 12 months was up 5.9% from last financial year – increasing from $8.2bn in 2010/11 to...
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