GR ENGINEERING SERVICES LIMITED — Earnings Release 2021

Aug 23, 2021

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 2021 (corresponding period year ended 30 June 2020)

RESULTS FOR ANNOUNCEMENT TO THE MARKET

RESULTS FOR ANNOUNCEMENT TO THE MARKET
	$’000	Percentage Increase/ (decrease) From 30/6/20
Revenue from ordinary activities	392,385	76.43%
Profit from ordinary activities after tax attributable to members	23,240	N/A
Net profit for the year attributable to members	23,240	N/A

DIVIDENDS

DIVIDENDS
	2021 cents per share	2020 cents per share
Interim dividend	5.00 (fullyfranked)	2.00 (unfranked)
Final dividend	7.00 (fullyfranked)	4.00 (unfranked)

A fully franked final dividend of 7.0 cents per share was resolved to be paid, with an ex-dividend date of 2 September 2021 and a record date for determining entitlements to the dividend of 3 September 2021. The payment date of the final dividend is 22 September 2021.

NET TANGIBLE ASSET BACKING

NET TANGIBLE ASSET BACKING
	30 June 2021	30 June 2020
Net tangible asset backing per ordinary security *	17.39 cents	19.71 cents

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

The Annual Financial Report dated 24 August 2021 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.