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GR ENGINEERING SERVICES LIMITED Interim / Quarterly Report 2020

Feb 24, 2020

65003_rns_2020-02-24_042af6fb-f65d-4328-8aae-5f1bda5124d0.pdf

Interim / Quarterly Report

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Appendix 4D

Preliminary Half Year Report to the Australian Securities Exchange

GR Engineering Services Limited ABN 12 121 542 738

For the Half Year Ended 31 December 2019 (corresponding period half year ended 31 December 2018)

RESULTS FOR ANNOUNCEMENT TO THE MARKET

Half year Percentage
ended increase /
31 Dec 2019 (decrease)
from 31 Dec
$’000 2018
Revenue from ordinary activities 95,313 4.35%
Profit from ordinary activities after tax attributable to members (11,171) (509.46%)
Net profit for the period attributable to members (11,171) (509.46%)

INTERIM DIVIDENDS

INTERIM DIVIDENDS
Half year Half year
ended ended
31 Dec 2019 31 Dec 2018
(cents per (cents per
share) share)
Interim dividend (unfranked) 2.00 5.00

Subsequent to reporting date, an unfranked interim dividend was resolved to be paid of 2.0 cents per share, with an ex-dividend date of 12 March 2020 and a record date for determining entitlements to the interim dividend of 13 March 2020. The payment date of the interim dividend is 3 April 2020.

NET TANGIBLE ASSET BACKING

NET TANGIBLE ASSET BACKING
Half yearended31 Dec 2019(cents pershare) Half yearended31 Dec 2018(cents pershare)
Net tangible asset backing per ordinary share 16.52 30.25

The Half Year Financial Report dated 25 February 2020 forms part of and should be read in conjunction with this Preliminary Half Year Report (Appendix 4D).

This report is based on accounts which have been reviewed. The review report is included in the Half Year Financial Report.