KGI Securities analyst Megan Choo has reiterated her “outperform” rating for Civmec with a higher target price of 90 cents, up from 86 cents previously, in a Sept 8 research note. The revised target price follows Civmec’s “outstanding” FY2021 ended June results, where its full-year earning...

Civmec Limited has reported earnings of A$19.7 ($19.4 million) million for the 2HFY2021 ended June, more than double the earnings of A$9.5 million reported in the same period the year before. This brings earnings for the FY2021 to A$34.8 million, up 97.7% y-o-y. Earnings per share (EPS) for the 2HFY...

KGI Securities has initiated coverage on Civmec with an “outperform” rating and target price of 86 cents. This comes after the engineering service provider, which operates in the oil and gas, metals and minerals, and defence and infrastructure sectors, posted a stellar set of 9MFY2021 results en...

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 sale...

Civmec, which provides heavy engineering and construction services, is seeing a turnaround as the worst of the pandemic, which disrupted the flow of supplies, manpower and projects, appears to be over. For 1HFY2021 ended December 2020, the Australia-based firm reported revenue of A$306 million ($...

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...

AUSTRALIAN engineering firm Civmec, one of the Singapore Exchange's "OSV (offshore supply vessel) plays", was not merely insulated from the pandemic-led operational strain that whipped the sector last year but also clinched several fresh jobs, all of which have added a spring ...

THE following companies saw new developments that may affect trading of their securities on Tuesday.

Civmec Limited has been issued a notice of award as well as multiple other contracts for a combined value of A$140 million ($140.9 million). The notice of award is for a major onsite project, which will be delivered through the minerals and metals division, while the other contracts are for heavy en...

CONSTRUCTION and engineering group Civmec Limited said on Monday that it has secured multiple contracts worth A$140 million (S$141.11 million) in total.