Rungepincockminarco issues profit downgrade

The mining software developer slumps after warning the market about a 84% fall in pre-tax earnings.

Rungepincockminarco (RUL) suffered its worst fall in two months after the mining software developer issued a profit warning this morning.

The stock fell 10.5% to 47 cents as management flagged an 84% plunge in 2012-13 operating earnings before interest, tax, depreciation and amortisation (EBITDA) to $1.9 million on the back of a 26% drop in net operating revenue to $73.9 million.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles