Civmec soaring

HEAVY construction and engineering house Civmec has recorded a 50.4% growth in net profit after tax for the first half of 2021-22, year on year, on the back of a 27.4% growth in sales revenue.

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Civmec's headquarters in Henderson, Western Australia.

The company recorded earnings before interest, tax, depreciation and amortisation for the half year of $43.2 million, a 26% growth on the first half of FY21.

That EBITDA fuelled the $22.