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Civmec’s net profit falls 53% in Q3 FY 2025
Revenue also declined by 38.6% YoY to $131.9m (AUD158.5m).
SGX-listed Civmec reported a net profit after tax of $6.6m (AU$8m) in the third quarter of the financial year 2025 (Q3 2025), reflecting a 53% year-on-year (YoY) decrease.
Revenue also declined by 38.6% YoY to $131.9m (AU$158.5m).
The company said the third quarter reflects a transition period as it focuses on securing new contracts following the successful completion of several major projects earlier this year.
In Q3, the group strengthened its order book by over $237 (AU$285m), a net increase of $105.6m (AU$127m) during the quarter.
($1=AU$1.2)