Australia's GR Engineering hits record high on strong annual results

GR Engineering Services

25/08/2025 05:42

** Shares of GR Engineering Services Ltd GNG.AX rise as much as 4.8% to A$4.62, hitting their record high

** Engineering consulting and contracting firm reports full year net profit afer tax of A$34.2 million ($22.18 million) vs A$31.2 mln last year

** Posts FY revenue of A$479 mln vs year ago A$424.1 mln

** Declares final FY25 dividend of 12 Australian cents per share, payable on September 25

** About 466,200 shares traded, 1.8x the 30-day average

** YTD, stock up 81.4%, including current session's move

($1 = 1.5418 Australian dollars)

 (Reporting by Ananya Verma in Bengaluru)

 ((ananya.verma@thomsonreuters.com;))