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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.

Noel Dyson
Civmec's headquarters in Henderson, Western Australia.

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 $22.6 million NPAT...

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