Cosol Limited (AU:COS) has released an update.
COSOL Limited has announced significant multi-year managed service contracts with QBuild in Queensland and Horizon Power in Western Australia, marking a strategic expansion in their service delivery for government assets and utility management. The initial term of the QBuild contract is valued at approximately $10 million, with potential extensions adding $5.2 million more. These contracts are set to enhance COSOL’s recurring revenue and presence in the Queensland and WA markets, reinforcing their commitment to delivering asset management solutions.
For further insights into AU:COS stock, check out TipRanks’ Stock Analysis page.
