Civmec

SGX Research Series: 10 in 10

With yearly profitability intact and record order book, Civmec seeks growth opportunities

Civmec intends to spend about A$10 million over the next 18 months to set up a permanent facility in Port Hedland.

Results

Civmec 4Q earnings plunge 96% to $0.1 mil on lower revenue

SINGAPORE (Aug 28): Civmec, the construction and engineering services provider, saw its earnings plunge 96.3% to A$120,000 ($112,600) for the 4Q19 ended June, from A$3.2 million a year ago.

Results

Civmec's 3Q earnings fall 98.1% to $0.1 mil after accounting for project cost overruns

SINGAPORE (May 14): Civmec, the construction and engineering services provider headquartered in Australia, has announced 3Q19 earnings of A$0.14 million, ($0.13 million) representing a 98.1% decline from its earnings of A$7.2 million a year ago.

Results

Civmec posts 76.3% drop in 2Q earnings to $1.22 million on lower revenue and higher finance costs

SINGAPORE (Feb 14): Civmec announced 2Q19 earnings fell 76.3% to A$1.26 million ($1.22 million) compared to A$5.31 million in 2Q18.

Civmec to achieve dual-listing status after admission to ASX on Friday

SINGAPORE (June 21): Civmec, the multi-disciplinary construction and heavy engineering provider, will achieve dual-listing status following its official listing on the Australia Stock Exchange (ASX) tomorrow.

Results

Civmec's 3Q earnings surge more than eightfold to $7.2 mil on higher projects contributions

SINGAPORE (May 14): Civmec, the provider of engineering services, reported third quarter earnings surged more than eightfold to $7.2 million in 3Q18 ended March from 3Q17 on higher contributions from projects in the sectors it operates.

Civmec employee dies in accident at Western Australia waste treatment plant

SINGAPORE (Apr 20): Civmec Construction and Engineering, the heavy engineering and construction provider, says one of its workers has died onsite at the Woodman Point Wastewater Treatment Plant in Munster, a suburb in Perth, Western Australia.

Hot Stock

Civmec awarded contract for Australian offshore patrol vessel project

SINGAPORE (Apr 16): Civmec has won a contract from Luerssen Australia, a subsidiary of German shipbuilder Lürssen, to supply and process steel for all 12 vessels to be built for Australia’s SEA 1180 Offshore Patrol Vessel (OPV) project.

Results

Civmec reports 17-fold surge in 2Q earnings to $6.9 mil on higher revenue

SINGAPORE (Feb 12): Construction & engineering services provider Civmec saw its earnings for 2Q18 surge 17-fold to $6.9 million from $0.4 million in 2Q17 as revenue more than doubled.

Civmec to participate in construction of Australia's new offshore patrol vessels

SINGAPORE (Nov 24): Civmec, the multi-disciplinary construction and engineering services provider, will be engaged in Australia’s upcoming A$4 billion ($4.1 billion) project to construct offshore patrol vessels (OPVs) as part of the country’s efforts
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