Market Overview

WorleyParsons Reports 25% Surge In Annual Net Profit, Declares Dividend

Share:

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.

Posted-In: EarningsEarnings News Dividends

 

Related Articles (WYGPY)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Gold Daily Fundamental Analysis for August 25, 2011

Telekom Malaysia Reports Rise In Q2 Profit