Minova turnaround helps boost Orica result

Improved performance at a one-time Orica problem child has helped the explosives player make a massive turnaround in its financial results

Minova turnaround helps boost Orica result Minova turnaround helps boost Orica result Minova turnaround helps boost Orica result Minova turnaround helps boost Orica result Minova turnaround helps boost Orica result

Orica expects to have the Webgen 200 wireless blasting system ready for release in mid-2020

On the financial front, Orica's net profit after tax for the 12 months to September 30 was A$245 million - a marked turnaround from the $48 million loss it posted the year before.