Master Drilling posts resilient interim results, continues technological innovation focus

September 12, 2017

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Two additional machines and the impact of favourable foreign-exchange movements have contributed to a 12.5% increase in JSE-listed drilling services provider Master Drilling’s revenue to $60.5-million for the six months ended June 30. The group added two raise-bore machines during the period under review, which contributed 4.7% towards the company’s revenue growth. Master Drilling’s fleet now comprises 106 raise-bore machines and 33 slim-drilling rigs.

Category: General