Paladin widens full-year loss

Group's full-year results weighed by impairments on Kayelekera Mine assets.

Paladin Energy (PDN) has widened its full-year loss as a swag of impairment charges, predominately related to the group's Kayelekera Mine assets, weighed on the result.

In the year to June 30, Paladin posted a net loss of $US420.9 million, a 144% widening of the $US172.8 million loss in the previous year.

In the same period revenue was $US411.5 million, a 12% increase on $367.4 million in 2012.


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