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GR ENGINEERING SERVICES LIMITED Interim / Quarterly Report 2021

Feb 21, 2021

65003_rns_2021-02-21_9428bfda-384e-4a12-b4c5-5e9ded176b1b.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 2020 (corresponding period half year ended 31 December 2019)

RESULTS FOR ANNOUNCEMENT TO THE MARKET

Half year
ended
31 Dec 2020
$’000
Percentage
increase /
(decrease)
from 31 Dec
2019
Revenue from ordinary activities 176,339 85.01%
Profit from ordinary activities after tax attributable to members 8,531 N/A
Net profit for the period attributable to members 8,531 N/A

DIVIDENDS

Half year
ended
31 Dec 2020
(cents per
share)
Half year
ended
31 Dec 2019
(cents per
share)
Interim dividend (unfranked) 4.00 2.00

Subsequent to reporting date, a fully franked interim dividend was resolved to be paid of 5.0 cents per share, with an ex-dividend date of 11 March 2021 and a record date for determining entitlements to the interim dividend of 12 March 2021. The payment date of the interim dividend is 1 April 2021.

NET TANGIBLE ASSET BACKING

NET TANGIBLE ASSET BACKING
Half year
ended
31 Dec 2020
(cents per
share)
Half year
ended
31 Dec 2019
(cents per
share)
Net tangible asset backing per ordinary share 19.51 16.52

The Half Year Financial Report dated 22 February 2021 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.