Financial fallout from BHP deal 'unacceptable'

摘要

Publicly-listed Macmahon Holdings Ltd had some bad news for the market during the March quarter when it announced an 8% drop in revenue for the first half of the current financial year when compared to 2009/10's corresponding period. The reason for the fall, according to the mining specialist, was the write-down of BHP Billiton Ltd's 500 million dollars RGP5 (rapid growth phase five) rail north project in Western Australia's Pilbara.