middle.news
Babylon Pump & Power Boosts Profit Despite Revenue Slide in H1 FY25
12:00pm on Tuesday 18th of February, 2025 AEDT
•
Mining Services
Read Story
Babylon Pump & Power Boosts Profit Despite Revenue Slide in H1 FY25
12:00pm on Tuesday 18th of February, 2025 AEDT
Key Points
Revenue down 22.3% to $17.38 million amid nickel and lithium market weakness
Profit after tax rises 63.9% to $2.98 million, reflecting improved EBITDA margins
Maintenance segment EBITDA up 14.9% despite 19.5% revenue drop
Rental segment revenue falls 29.3% due to sector downturn but demand rebounding
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Babylon Pump & Power (ASX:BPP)
OPEN ARTICLE