AusGroup: Delivers Net Profit Of A$4.1 Million, The 5th Consecutive Profitable Quarter.

13 Feb 2018 18:11

Revenue for the Q2 FY2018 quarter was AU$150.2m, an increase of 41.3% on the corresponding period. Gross profit in the quarter was AU$11.2m, an increase of 17.7% on the corresponding period. EBIT in the quarter was AU$6.8m, continuing the good results and performance reported in Q1 FY2018 and an improvement of 41.7% on the corresponding period. Completed another debt to equity conversion resulting in a reduction of AU$5.0m in debt. Work in hand of AU$356m as at 31 December 2017, following extensions received on core projects in the Energy & Process sector...

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