tiprankstipranks
Civmec Limited Shows Strong Q1 Results and Strategic Move
Company Announcements

Civmec Limited Shows Strong Q1 Results and Strategic Move

Civmec Singapore Limited Shs Chess Deposit Interests Repr 1 Sh (AU:CVL) has released an update.

Don't Miss Our Christmas Offers:

Civmec Limited reported a strong financial performance for the first quarter of FY25, with a 7.2% increase in revenue to A$262.7 million and a stable net profit of A$15.2 million. The company also successfully re-domiciled from Singapore to Australia, a strategic move expected to enhance its ability to secure local contracts. This quarter’s results reflect Civmec’s robust market position and ongoing success with long-term clients.

For further insights into AU:CVL stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskCivmec Limited Boosts Talent Retention with New Performance Rights
TipRanks Singapore Auto-Generated NewsdeskCivmec Limited Holds AGM and Announces Leadership Changes
TipRanks Singapore Auto-Generated NewsdeskCivmec Limited Secures Major Shiploader Contract
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App