Civmec Limited has reported earnings of A$8.9 million for the 3QFY2021 ended March, 121.9% higher than earnings of $4 million in the year before.

Earnings for the 9MFY2021 stood at A$24.0 million, 99.1% higher than earnings of A$12 million.

In its business update for the 3QFY2021, the group saw sales revenue surge 92.6% y-o-y to A$183.9 million while gross profit increased 86% y-o-y to A$19.2 million.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook