MODEC H1 operating profit rises 70.2% to US$ 293.02 million; revenue increases 18% to US$ 2.45 billion

Reuters2026/08/07 03:38

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MODEC posted revenue of US$ 2.45 billion for the six months ended June 30, up 18% year-on-year.
Operating profit climbed to US$ 293.02 million, up 70.2% year-on-year.
Profit attributable to owners of parent rose to US$ 224.05 million, up 54.4% year-on-year; basic EPS increased to US$ 3.28 from the prior-year period.
MODEC maintained its 2026 forecast for revenue of US$ 4.6 billion, operating profit of US$ 460 million, and profit attributable to owners of parent of US$ 370 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MODEC Inc. published the original content used to generate this news brief on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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MODEC H1 operating profit rises 70.2% to US$ 293.02 million; revenue increases 18% to US$ 2.45 billion

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