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Duratec Limited Reports 6% Profit Increase Amid Strategic Expansion

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Duratec Limited Reports 6% Profit Increase Amid Strategic Expansion

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An update from Duratec Limited ( (AU:DUR) ) is now available.

Duratec Limited announced its half-year financial results for the period ending December 2024, showing a slight decrease in revenue by 2%, but a 6% increase in net profit after tax, indicating operational efficiency. The company declared an interim dividend for 2025, continuing its commitment to shareholder returns, and highlighted its acquisition of GF Engineering Pty Ltd, a move expected to enhance its capabilities in the energy and mining sectors.

More about Duratec Limited

Duratec Limited operates in the engineering industry, providing specialized services such as pipe fabrication to the energy and mining sectors in Western Australia. The company focuses on joint ventures and acquisitions to expand its service offerings and market reach.

YTD Price Performance: 16.00%

Average Trading Volume: 270,637

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$438.6M

For detailed information about DUR stock, go to TipRanks’ Stock Analysis page.

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