Delays in project sanction drag on GR

GR ENGINEERING Services suffered lower demand for its services for the first half of the 2018-19 fiscal year, but still turned a slim profit and has declared a A4c per share interim dividend believing it can at least maintain levels of work for the current half.

Delays in project sanction drag on GR Delays in project sanction drag on GR Delays in project sanction drag on GR Delays in project sanction drag on GR Delays in project sanction drag on GR

GR has taken a hit on its Davyhurst contract.

The company had expected to see an uptick in work this half, and it has substantial conditional design and construction contracts in the pipeline, but those projects have faced delays and the company