MODEC H1 operating profit rises 70.2% to US$ 293.02 million; revenue increases 18% to US$ 2.45 billion
Reuters2026/08/07 03:38- MODEC posted revenue of US$ 2.45 billion for the six months ended June 30, up 18% year-on-year.
- Operating profit climbed to US$ 293.02 million, up 70.2% year-on-year.
- Profit attributable to owners of parent rose to US$ 224.05 million, up 54.4% year-on-year; basic EPS increased to US$ 3.28 from the prior-year period.
- MODEC maintained its 2026 forecast for revenue of US$ 4.6 billion, operating profit of US$ 460 million, and profit attributable to owners of parent of US$ 370 million.
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