GR ENGINEERING SERVICES LIMITED — Earnings Release 2020

Aug 24, 2020

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 2020 (corresponding period year ended 30 June 2019)

RESULTS FOR ANNOUNCEMENT TO THE MARKET

RESULTS FOR ANNOUNCEMENT TO THE MARKET
	$’000	Percentage Increase/ (decrease) From 30/6/19
Revenue from ordinary activities	222,402	22.03%
Profit from ordinary activities after tax attributable to members	(7,250)	(211.03%)
Net profit for the year attributable to members	(7,250)	(211.03%)

DIVIDENDS

DIVIDENDS
	2020 cents per share	2019 cents per share
Interim dividend	2.00 (unfranked)	4.00 (fullyfranked)
Final dividend	4.00 (unfranked)	2.00 (unfranked)

An unfranked final dividend of 4.0 cents per share was resolved to be paid, with an ex-dividend date of 8 October 2020 and a record date for determining entitlements to the dividend of 9 October 2020. The payment date of the final dividend is 21 October 2020.

NET TANGIBLE ASSET BACKING

NET TANGIBLE ASSET BACKING
	30 June 2020	30 June 2019
Net tangible asset backing per ordinary security *	19.71 cents	30.21 cents

• Net tangible assets include right of use assets and lease liabilities.

The Annual Financial Report dated 25 August 2020 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.