Valmec earnings jump despite energy construction downturn

ASX-LISTED service provider Valmec announced a 65% rise in earnings to A$8.06 million in its full year results it posted this morning, boosted by growth in the company’s oil and gas segment.

Valmec earnings jump despite energy construction downturn Valmec earnings jump despite energy construction downturn Valmec earnings jump despite energy construction downturn Valmec earnings jump despite energy construction downturn Valmec earnings jump despite energy construction downturn

The Australian construction, commission and maintenance company said its EBITDA was delivered on the back of revenue growth to $110 million.

Net profits for the year came to $3.

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