Profit jumps for GR

GR Engineering Services has lifted its net profit for the 2016 financial year by 50% to $A19.3 million on the back of record sales revenue.

Profit jumps for GR Profit jumps for GR Profit jumps for GR Profit jumps for GR Profit jumps for GR

The company announced an 18% rise in revenue from operations to $255.3 million for the year, while earnings before interest, taxation, depreciation and amortisation were 29% higher at $26.1 million.