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CEMATRIX Corp T.CEMX

Alternate Symbol(s):  CTXXF

CEMATRIX Corporation is a Canada-based company, which manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations across North America. It is engaged in the supply and placement of cellular concrete. The Company’s cement-based material with thermal protection, which delivers a range of problems facing the infrastructure, industrial, energy and commercial markets. It supplies and installs lightweight cellular concrete with a cast density as low as 400 kg/m3. Its cellular concrete is commonly used as an insulation material for oil and gas facility slabs, roadways, shallow utilities and contaminated site remediation that requires ground heating. Its applications include retaining wall and bridge approach backfill, roadways and runways, and slope stabilization. Its wholly owned operating subsidiaries include CEMATRIX (Canada) Inc. (CCI), MixOnSite USA Inc. and Pacific International Grout Company.


TSX:CEMX - Post by User

Comment by prospector001on Aug 06, 2023 8:24am
166 Views
Post# 35575285

RE:RE:RE:RE:CEMATRIX To Report Second Quarter Results On August 9, 2023

RE:RE:RE:RE:CEMATRIX To Report Second Quarter Results On August 9, 2023I know nothing more than going through the news releases of the past - like this one;

Importantly, improved economics will be realized on these larger projects as being on site for longer periods of time generates additional savings and enhanced margins due to reduced mobilization and demobilization, labor efficiencies and reliability of cement supply.”

Unlike past year’s where the Company derived revenues from a large number of smaller projects, the majority being less than $1 million in scope, 2023 sees CEMATRIX with signed contracts in the amount of $51.4 million of which, $28.6 million is already scheduled to be placed in 2023.

[url=https://money.tmx.com/en/quote/CVX:US/news/6537602901747961][/url]

And this from Dec. 2020;
 

  • Cematrix (CVX), through one of its wholly owned subsidiaries, has been awarded a record C$30.1 million tunnel project

Will we finally see the results in the financials of some of these larger projects going into the ground or nearing completion?

GLTA!
 

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