WorleyParsons Reports 25% Surge In Annual Net Profit, Declares Dividend - Worley (OTC:WYGPY)

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.

WorleyParsons Ltd (OTC: WYGPY) reported a 25% rise in its annual net profit. WorleyParsons' net profit for the period rose to A$364.2 million, from A$291.1 million, in the year-ago period. Its revenue climbed 12% y/y to A$5.68 billion from A$5.10 billion. On the underlying basis, WorleyParsons' net profit came in at A$298.5 million in the year to June 30, versus analysts' estimates of A$309.3 million. WorleyParsons declared a final dividend of 50 Australian cents, versus 40 cents in the previous year.WorleyParsons shares surged 4.82% to close at $25.45 yesterday.

27% profit every 20 days?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!