Engineering services company Calibre has lifted its first half profit by 12.3 per cent on the back of continued contracts in WA.
The company posted a net profit for the six months to December 31 of $18.75 million, up from $16.7 million in the previous corresponding period.
It also lifted revenue by 43.3 per cent to $368.38 million and will pay an interim dividend to shareholders of 5.8 cents on March 22.
Calibre Group managing director Rod Baxter said the result further demonstrated the company's track record of earnings growth and continued workflow from its traditional blue-chip clients in WA.
"We are pleased to be able to report another record half year financial performance in a period characterised by volatility and challenging market conditions, confirming our belief that Calibre is well-placed to navigate current conditions and maintain continued strong growth for FY2013 and beyond," he said.Calibre shares were up 2.5 cents, or 1.67 per cent, to $1.525 at 9am.
The new magazine for a new generation of West Australians.Click here to download »
All the latest market figures from Australia and the world.Click here »
'The West Australian' is a trademark of West Australian Newspapers Limited 2013.
All rights reserved.
Select your state to see news for your area.