Macmahon Holdings Limited (ASX:MAH) has rebounded to a record full year profit of $56 million, from a loss of $2.7 million the year before.
The contract mining and construction company’s result was boosted by record levels of revenue and project wins in fiscal 2012.
Revenue rose 49 per cent to $1.9 billion in the 12 months to the end of June 2012.
CEO Nick Bowen says Macmahon Holdings expects 20 per cent profit growth in fiscal 2013, having already secured much of the order book.
A final fully franked dividend of 2.5 cents has been declared, taking the full year payout to 4 cents.