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CEMATRIX Reports $9.7 Million in New Contracts
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CEMATRIX Reports $9.7 Million in New Contracts
Jul 10, 2024 6:13 AM

08:54 AM EDT, 07/10/2024 (MT Newswires) -- CEMATRIX ( CTXXF ) , a cellular concrete product manufacturer, on Wednesday reported $9.7 million in new contracts, taking the year-to-date total in contracts executed to $35.8 million.

CVX saw its shares edge lower to $0.48 yesterday, but they are still near 52 week high levels of $0.50.

"The $9.7 million of new contracts are composed of various projects across North America, one of which is a $6.5 million tunnel grouting project that is scheduled for completion in 2025," Jeff Kendrick, CEMATRIX ( CTXXF ) president and CEO, said.

"The additional $3.2 million in new contracts are mainly scheduled to be completed in 2024," Kendrick said, adding that the current backlog now stands at $84.1 million.

In June, the company reported $5.6 million in new contracts.

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