CEMATRIX Reports Surge in New Contracts
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CEMATRIX Reports Surge in New Contracts

Cematrix Corp (TSE:CVX) has released an update.

CEMATRIX Corporation has announced signing $6.7 million in new and amended contracts, pushing its total for the fiscal year 2024 to $12.9 million, and achieving a substantial backlog of approximately $100 million. The company, known for its advanced cellular concrete products, credits the growth to a mix of repeat and new business, highlighting a couple of significant projects in the Eastern and Midwest U.S. This growth continues the company’s positive momentum from a record revenue year in 2023.

For further insights into TSE:CVX stock, check out TipRanks’ Stock Analysis page.

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