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Civmec Ltd Posts Strong Growth in Q3 FY2024
Company Announcements

Civmec Ltd Posts Strong Growth in Q3 FY2024

Civmec Ltd. (SG:P9D) has released an update.

Civmec Limited reports a robust third quarter for FY2024, showcasing a significant rise in revenue by 37.6% to A$258.3 million and a 16.9% increase in net profit after tax (NPAT) to A$17.1 million compared to the same period last year. The company also strengthened its cash position with a net cash balance of A$35.9 million, highlighting a successful period of growth in its maintenance sector and resilience in profit margins.

For further insights into SG:P9D stock, check out TipRanks’ Stock Analysis page.

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