MCS Services Limited
AASX:MSG0.00
AUD
0.00
(0.00%)
MCS Services Limited
ASX:MSG
(Australian Securities Exchange)
Recent
price
0.00
P/E
ratio
0.49
div
yld
- -
ROIC.AI
Capital Structure
AUD
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in mil. unless spec.Working Capital
AUD
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in mil. unless spec.Growth Rates
AUD
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in mil. unless spec.Semi-annual Revenue
AUD
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in mil. unless spec.Semi-annual Earnings Per Share
AUD
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- MCS Services Limited (ASX:MSG) operates as a holding company focused on traffic management services in Western Australia through its wholly-owned subsidiary Highways Traffic Pty Ltd; the subsidiary provides traffic control solutions for roadworks, freeway maintenance, construction projects, events, heavy haulage operations, attenuator hire, and temporary traffic management plans across regions including Perth metropolitan, Wheatbelt, South West, Goldfields, Pilbara, and Kimberley. Highways Traffic delivers services compliant with Main Roads Western Australia codes, Australian Standard 1742.3-2009, and holds ISO 9001 quality management and ISO 45001 health and safety certifications, serving clients in construction, maintenance, and events with personnel, signage, barriers, and route planning. The company, formerly known as Red Gum Resources Limited, was incorporated in 2006 and is headquartered in Joondalup, near Perth, Western Australia. In recent developments, MCS Services sold its MCS Security Group Pty Ltd subsidiary, which provided uniformed guard services, retail security, event security, and integrated systems including CCTV monitoring and alarms primarily in Perth and regional Western Australia, to Vibrant Services Group Pty Ltd in June 2024 for a cash consideration of A$3 million on a nil net asset basis, resulting in net proceeds of A$1.68 million after adjustments. The sale, announced February 2024 and approved by shareholders in April 2024, enabled repayment of A$0.9 million in corporate debt and a strategic shift to specialize solely in traffic management operations. Previously, in October 2022, the company acquired Highways Traffic for approximately A$4.3 million; a proposed acquisition of NJ Ashton Pty Ltd, a New South Wales-based haulage, plant hire, and site remediation business, advanced to suspension of ASX trading but was subsequently cancelled.