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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.
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