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Civmec earnings up 12.8% y-o-y to A$31.9 mil

Bryan Wu
Bryan Wu • 2 min read
Civmec earnings up 12.8% y-o-y to A$31.9 mil
For the half-year period, revenue increased 17.5% y-o-y to A$492.3 million. Photo: Albert Chua/The Edge Singapore
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Dual-listed construction and engineering services provider Civmec (SGX:P9D) Limited (SGX:P9D) has announced earnings of A$31.9 million ($27.9 million) for its 1HFY2024 ended Dec 31, 2023, 12.8% higher than the corresponding period last year.

This brought earnings per share in 1HFY2024 to 6.29 Australian cents, up form 5.51 Australian cents in 1HFY2023.

For the half-year period, revenue increased 17.5% y-o-y to A$492.3 million mainly due to the timing of projects revenue recognition.

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