Mincon reports fall in revenue in ‘challenging’ first half of 2023
Interim operating profit was €7.8 million
Mincon, the Shannon-based manufacturer of industrial drilling equipment, has reported revenue of 80.6 million for the first half of 2023, down from €85.1 million in the corresponding period last year.
Operating profit at the company was €7.8 million for the first six months of this year, down from €8.8 million in the first half of 2022, according to interim results from the group.
Interim earnings before deductions fell to €11.8 million from €12.7million.
““H1 2023 ...
