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An announcement from Civmec Singapore Limited Shs Chess Deposit Interests Repr 1 Sh ( (AU:CVL) ) is now available.
Civmec Limited reported a 2.1% increase in revenue for the half year ending December 2024 but saw a 16.9% decline in profit after tax compared to the previous period. The company declared an interim dividend of A$0.025 per security, maintaining the same rate as the previous year. Recent changes in the corporate structure include Civmec Limited becoming the parent entity of the Group, replacing Civmec Singapore Limited. The company continues its joint ventures, including significant infrastructure projects in Australia.
More about Civmec Singapore Limited Shs Chess Deposit Interests Repr 1 Sh
Civmec Limited operates in the construction and engineering industry, focusing on delivering large-scale complex projects. The company has a significant market presence in Perth and Singapore, and engages in joint operations for infrastructure development, such as wastewater treatment and pedestrian bridge construction.
YTD Price Performance: -1.56%
Average Trading Volume: 144,261
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$640.7M
Learn more about CVL stock on TipRanks’ Stock Analysis page.
