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Civmec reports 86.6% higher 1H21 earnings of A$15.0 mil on overall growth, declares first interim dividend

Felicia Tan
Felicia Tan2/10/2021 07:52 PM GMT+08  • 2 min read
Civmec reports 86.6% higher 1H21 earnings of A$15.0 mil on overall growth, declares first interim dividend
The group has declared its first interim dividend on 1.0 Australian cent, payable on March 26.
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Civmec has posted earnings of A$15.0 million ($15.4 million) for the 1HFY2021 ended December, 86.6% higher than earnings of A$8.1 million in the year before.

The higher earnings were due to strong growth in the group’s revenue and profits.

Revenue for the period surged 84% y-o-y to A$305.7 million mainly due to the commencement of new projects.

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