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GR ENGINEERING SERVICES LIMITED Earnings Release 2019

Aug 25, 2019

65003_rns_2019-08-25_d9ca498e-5d86-4814-80b3-a9c581878182.pdf

Earnings Release

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Appendix 4E

Preliminary Final Report to the Australian Securities Exchange

GR Engineering Services Limited

ABN 12 121 542 738

For the Year Ended 30 June 2019 (corresponding period year ended 30 June 2018)

RESULTS FOR ANNOUNCEMENT TO THE MARKET

RESULTS FOR ANNOUNCEMENT TO THE MARKET
$’000 Percentage
Increase/
(decrease)
From 30/6/18
Revenue from ordinary activities 182,256 (35.74%)
Profit from ordinary activities after tax attributable to members 6,530 (43.91%)
Net profit for the year attributable to members 6,530 (43.91%)

DIVIDENDS

DIVIDENDS
2019
cents per
share
2018
cents per
share
Interim dividend (fully franked) 4.00 6.00
Final dividend (unfranked) 2.00 5.00

An unfranked final dividend of 2.0 cents per share was resolved to be paid, with an ex-dividend date of 10 October 2019 and a record date for determining entitlements to the dividend of 11 October 2019. The payment date of the final dividend is 23 October 2019.

NET TANGIBLE ASSET BACKING

NET TANGIBLE ASSET BACKING
30 June 2019 30 June 2018
Net tangible asset backing per ordinary security 30.21 cents 34.20 cents

The Annual Financial Report dated 26 August 2019 forms part of and should be read in conjunction with this Preliminary Final Report (Appendix 4E).

This report is based on accounts which have been audited. The audit report is included in the Annual Financial Report.