Decmil Group (ASX:DCG) announced a 29% increase in its FY revenue, amounting to A$489 million.

The company also anticipates positive cash flows from operations for FY24, with its cash generation set to rise in the second half of FY24.

The after-tax loss for FY was reported at A$1.8 million, which is a significant decrease from the loss of A$103 million reported for the previous fiscal year.

Additionally, the RCPS dividend is determined to be A$0.00452459 per RCPS.

For the current FY24, the company’s revenue forecast ranges between A$440 million and A$480 million.

Decmil Group is a top-tier integrated engineering and construction company primarily servicing the oil and gas, mining, and infrastructure sectors.