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GNG, GR ENGINEERING SERVICES LIMITED |
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Posts: 8,281 Thanks: 2668 ![]() |
GR Engineering Services Limited (GNG) is into provision of high-quality process and detailed engineering design, procurement and construction services to the mining and mineral processing industry and the provision of operations, maintenance, projects and advisory services to the oil and gas sector.
HY21 Results Summary QUOTE Revenue: $176.4 million (HY20: $95.3 million) EBITDA: $14.2 million (HY20 EBITDA Loss: $15.4 million) Profit Before Tax: $12.6 million (HY20 Loss Before Tax: $16.7 million) Interim dividend: 5.0cps (fully franked) (HY20: 2.0cps (unfranked)) Cash: $52.8 million (31 December 2019: $20.7 million) has managed to get back on track with earnings and dividend restored. However, it is vulnerable to macro conditions and to counter party failure when dealing with smaller outfits. -------------------- "Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman
"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne |
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GR ENGINEERING SERVICES LIMITED (GNG) Regards, Share Scene |
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