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Capital Drilling ( (GB:CAPD) ) has issued an update.
Capital Limited reported a 9.3% increase in revenue for FY 2024, reaching $348 million, despite a decline in EBITDA and operating profit due to exceptional items and impairments. The company secured new contracts and expanded its service offerings, notably at the Reko Diq copper-gold project in Pakistan, while maintaining strong safety performance and fleet utilization. However, net profit after tax and earnings per share saw significant declines, and the company declared a reduced final dividend.
More about Capital Drilling
Capital Limited is a leading mining services company that provides drilling services and associated operations. The company focuses on delivering high-quality mining solutions and has a significant presence in the mining industry, offering services such as diamond drilling, reverse circulation drilling, and geotechnical services.
YTD Price Performance: -23.46%
Average Trading Volume: 341,361
Technical Sentiment Signal: Buy
Current Market Cap: £121.7M
For detailed information about CAPD stock, go to TipRanks’ Stock Analysis page.
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