Dec 17 (Reuters) - CIMIC Group Ltd (CIM) :
- SETTLEMENT ACHIEVED ON WEST GATE TUNNEL
- CIMIC GROUP LTD NOW SEES STATUTORY AND UNDERLYING NPAT OF A$400-430 MILLION FOR 2021 FINANCIAL YEAR
- CPBJH JV CONTRIBUTION WILL BE A NEGOTIATED REDUCTION OF REVENUE OF A$600 MILLION
- CPBJH JV WILL FOREGO PROFIT MARGIN FROM PROJECT
- SETTLEMENT ALLOWS TUNNELLING WORKS TO COMMENCE IN EARLY 2022 WITH A REVISED EXPECTED COMPLETION DATE OF LATE 2025
- SETTLEMENT INCREASES CONTRACT VALUE OF PROJECT TO CPBJH JV TO A$8.57 BILLION FROM A$4.99 BILLION
- TERMS PROVIDE FOR CONTRIBUTIONS FROM VICTORIA STATE (A$1.9 BILLION), TRANSURBAN (A$2 BILLION) TO ENSURE PROJECT COMPLETION
News: TCL Cimic Group Says Settlement Achieved On West Gate Tunnel Project
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Last
$13.53 |
Change
-0.030(0.22%) |
Mkt cap ! $42.05B | |||
| Open | High | Low | Value | Volume |
| $13.60 | $13.67 | $13.43 | $80.93M | 5.984M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $13.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.53 | 15933 | 1 |
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| Last trade - 16.10pm 08/07/2025 (20 minute delay) ? |
| TCL (ASX) Chart |