How Australian govt's grant funding has impacted defence sector?

• February 18, 2021 08:55 AM AEDT
• Team Kalkine Media

Shares of Credit Intelligence (ASX:CI1) ended Wednesday’s session up just over 31 per cent. The stock, which opened at A$0.35, saw a significant rally during the day and zoomed as high as A$0.06. The shares of debt restructuring and personal ...

• February 17, 2021 08:32 PM AEDT
• Team Kalkine Media

Summary Sims Limited (ASX:SGM) has acquired assets of the alumunium processor, Alumisource Corporation. The transaction will increase Sims’ North American non-ferrous retail sales volume to 33,000 tonnes. The company is following a susta...

• February 17, 2021 08:51 AM AEDT
• Kunal Sawhney

Fletcher Building (ASX:FBU) on Wednesday announced a significant rise in profit and cash flows for the first half of FY21.The robust earnings were attributed to the strategy and several initiatives taken over the past three years to improve operati...

• February 16, 2021 06:44 PM AEDT
• Team Kalkine Media

Summary Civmec caters to three high-growth sectors -- Resources, defense, and infrastructure. The Company has an order book of ~A$1.15 billion as of January 2021 across all divisions. During 1H FY21, revenue increased by 84% to A$306 million a...

• February 16, 2021 01:33 PM AEDT
• Team Kalkine Media

Summary Sims Limited’s first-half results demonstrated the positive impact of its cost reduction program. Despite a drop in revenue, the Company generated impressive margins and reduced operating costs. Sims is on track to attain annuali...

• February 16, 2021 09:02 AM AEDT
• Hina Chowdhary

SG Fleet Ltd (ASX:SGF) on Tuesday reported strong earnings for the six-month period ended 31 December 2020 (1HFY21) due to corporate business’s continued strong performance and accelerating recovery in Novated. Despite the coronavirus-induce...

• February 12, 2021 08:06 AM AEDT
• Team Kalkine Media

The Alliance Aviation Services Ltd (ASX:AQZ) shares are in high demand among the investors after the release of half-yearly earnings update on Wednesday. The company reported profit growth on higher-margin contract and charter flights, which counte...

• February 11, 2021 12:30 AM AEDT
• Kunal Sawhney

Summary It is evident that capital expenditure cycle is kicking off as EPC companies continue to secure contracts for construction. Earlier this month, GR Engineering Services also upgraded full-year revenue guidance and noted better margins. ...

• February 09, 2021 03:19 PM AEDT
• Team Kalkine Media

Summary The ASX-listed construction material supplier reported its financial results with improvement in revenue and cash flow. Boral has not been able to meet its expectations to reduce debt, which has resulted in company not paying inter...

• February 08, 2021 03:22 PM AEDT
• Team Kalkine Media

Summary SciDev Limited reported robust revenue numbers in 1H FY2021, driven by the growing demand of its products and services across all divisions. The record 1H results included a massive 300% jump in sales and 290% growth in cash receipts. ...