Civmec's Attributable Profit Declines in Fiscal H2

MT Newswires

08/29

Civmec's (SGX:P9D) attributable profit to owners of the company declined to AU$16.0 million during the fiscal second half of the year ended June 30, from AU$32.5 million a year earlier, according to a Thursday filing with the Singapore Exchange.

Shares of the company were up over 2% in Friday trading.

Earnings per share dropped to AU$0.0316 compared with AU$0.0641 in the comparable period.

Revenue dropped to AU$307.7 million year over year from AU$541.1 million, due to reduced activity levels.

The company declared a final dividend of AU$0.035 per share for the period, unchanged from a year earlier.

The dividend will be payable on Oct. 24.

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