SMW Group has reported a net loss after income tax of $1.0 million for the 6-month period ending 31 December 2021.
Despite competitive market conditions, the Group has secured several long-term contracts, which will set the Group up for growth in the second half of the financial year.
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The deal is subject to regulatory approvals and commercial conditions.
Every sector of the Australian share market has lost ground.
The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.
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