GR posts solid result

GR ENGINEERING Services’ has surprised analysts at Hartleys with strong operating cash flow of $19.8 million, almost four times above the analyst’s expectations of $5.5 million.

GR posts solid result GR posts solid result GR posts solid result GR posts solid result GR posts solid result

GR Engineering built Doray's Andy Well processing plant.

Cash was also higher at $50.4 million, ahead of Hartley’s estimate of $29 million.

Net profit after tax for the final six months of 2014 was $6.5 million of revenue of $98.

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