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CTI Logistics Limited (ASX:CLX)

ALERT: Price-sensitive ASX Announcement for CLX
Current share price for CLX : $2.880 0.68 (30.91%)+
Announcement
Release
25 Jun 2026 6:32PM
Price at Release
$2.200
Full Release
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Summary
CTI Logistics Limited announced a significant improvement in their profit before tax for the financial year ending 30 June 2026, expecting it to be approximately 75% higher than the previous corresponding period's $19.7 million. This growth is attributed to a 9% increase in full-year revenue over the prior year's $325.4 million, driven by strong revenue growth in May and June. The company's transport and logistics operations particularly benefited from increased demand in freight services and project work in Western Australia, supported by improved fleet utilization and cost control measures. These advancements came despite costs linked to the new Lakes Road facility in Hazelmere. The financial figures discussed are based on unaudited information, with audited results expected in late August 2026.
Key Points
  • CTI Logistics Limited anticipates 75% higher profit before tax for the year ending 30 June 2026.
  • Full-year revenue expected to rise by 9% from $325.4 million of the previous period.
  • Strong growth in revenue attributed to increased demand for freight services in Western Australia.
  • Company achieved improved fleet utilization and maintained cost control.
  • Financial data presented is unaudited, with final results due in August 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.