CAC 2000 has reported a solid recovery for the 2024 financial year, achieving a net income of $22.26 million.
The company says the turnaround was driven by strategic talent management, third party consultancy, and improved project prioritisation.
Revenue climbed to $1.2 billion, supported by a gross profit of $425.66 million.
CAC's chairman, Steven Marston, highlighted several initiatives that bolstered the recovery, including cost-cutting measures that slashed operating expenses by nearly $16 million.
The company also pursued revenue diversification, entering new local and regional markets and enhancing service offerings to meet client demands.
On the technology front, CAC says it is investing in advanced systems to boost efficiency and enhance customer experiences.
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