Capital Ltd. (CAPD.L), Tuesday posted significant growth in its first quarter revenue compared to the prior year. The revenue increase was supported by drilling and mining, offsetting a slight sequential dip in its lab business.
For the first quarter, the mining services company's total revenue rose 41.6 percent to $101.7 million from $71.8 million last year.
Drilling and associated revenue increased 8.8 percent year over year to $62.8 million.
Mining revenue drastically jumped to $18.0 million from $0.6 million a year ago.
However, MSALABS revenue fell 3.2 percent to $20.9 million, from $21.6 million sequentially.
The company announced, a final dividend of 1.3 cents per share for fiscal 2025 will be paid on May 12.
Looking ahead to fiscal 2026, Capital reiterated full year revenue guidance of $410 million to $440 million.
On the London Stock Exchange, shares of Capital were trading 2.98 percent higher, at 128.72 pence.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.