P9d
is the big winner in the industrial & commercial services sector. Besides winning growth in profit after tax (PAT), it has been named the overall sector winner as well.
Civmec started operations in 2009 and serves clients in the energy, resources, marine, infrastructure and defence sectors by providing them with its engineering expertise. The company derives its biggest share of revenue from the resources sector in Australia. Its operations are mainly sited in Henderson, Western Australia, with other facilities at Newcastle, New South Wales. It has a headcount of more than 3,400 people and is adding new capacity.
In Civmec’s annual report for FY2023 ended June 30, executive chairman James Fitzgerald says the fiscal year has been a “stellar” one with a record order book of A$1.15 billion ($997 million). Revenue in FY2023 hit A$830.9 million, A$21 million higher than in FY2022 while earnings rose 13.7% y-o-y to a record A$57.7 million.
See also: The Edge Singapore unveils winners of 2023 Billion Dollar Club
U77
is the winner when it comes to providing the best returns to shareholders. Just like how Civmec is dual-listed in Australia, Sarine, which is in the niche business of providing equipment and know-how to grade diamonds, is listed in Tel Aviv too.
See also: Celebrating the top listed companies in Singapore