Latest Government It Contracts News

HiTech Group has reported a robust first half for FY2025, with net profit before tax up 14% and EBITDA rising 8%, underpinned by strong demand for ICT talent and services. The company also declared a fully franked interim dividend of 5 cents per share, signaling confidence in its growth trajectory.

Downer EDI Limited has reported a strong financial turnaround in the first half of FY25, with significant earnings growth and improved cash flow despite a revenue decline influenced by divestments and softer market conditions.

Gas2Grid navigates regulatory headwinds in Australia by pursuing new petroleum ventures in the Philippines while contesting a significant legal claim in France. The company’s ASX suspension persists as it seeks to restore compliance through fresh contracts.

WhiteHawk Limited reports solid Q4 2024 results with $718K revenue and a major $2.4 million contract renewal, while advancing new partnerships and managing costs amid a modest operational cash loss.