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GR Engineering Services Limited (ASX:GNG)

ALERT: Price-sensitive ASX Announcement for GNG
Current share price for GNG : $5.900 0.66 (12.60%)+
Announcement
Release
20 Feb 2026 9:29AM
Price at Release
$5.240
Full Release
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Summary
GR Engineering Services Limited, based in Australia, reported a revenue of $218 million for the half-year ended 31 December 2025, a decrease from the previous year. The net profit for the period was $17.2 million, reflecting a reduction compared to the prior period. The company announced a fully franked interim dividend of 12.0 cents per share. The financial position remains strong with $86.5 million in cash and no external debt. The company continues to advance several projects across Australia and has adopted new accounting standards with no significant financial impact.
Key Points
  • GR Engineering Services Limited reported a half-year revenue of $218.0 million, a 19.88% decrease from the previous period.
  • The net profit attributed to members after tax was $17.2 million, down 21.03% from the previous year.
  • The company declared a fully franked interim dividend of 12.0 cents per share for the half-year ended 31 December 2025.
  • GR Engineering maintains a strong cash position of $86.5 million with no external debt.
  • The company continues to execute several key projects including the King of the Hills Operations and the Lake Way Project Upgrade.
  • GR Engineering adopted several new standards and interpretations effective from 1 July 2025 without significant impact on the financial disclosures.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.