Orica profits fall

Orica, the explosives and mining services company, has reported a 3% fall in net profit to after tax to A$211 million (US$168 million) in the six months to March 31, 2015.

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Orica is reporting a fall in profits

Interim CEO Alberto Calderon said market conditions were “unquestionably difficult” but Orica was continuing to take action to mitigate the impact of the downturn and to build up its resilience.

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