CEMATRIX Corporation (TSXV: CVX) (OTCQB: CTXXF) announced in a press release today the signing of $6.5 million in new contracts, bringing its total contracts announced since the end of the fiscal 2022 year to $44.8 million and $81.4 million since August 3, 2022.
The firm delivers cost-effective, innovative solutions to a broad range of problems facing the infrastructure, industrial, energy and commercial markets. Over $40 million of the current backlog is contracted and is scheduled for 2023, a 38% increase compared to total sales of $29 million for the fiscal 2022 year. A number of these contracts have already been placed in 2023 and/or are underway.
Canadian shares were trading at $0.19, while U.S. shares were at $0.1458.
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