Professional services company WorleyParsons
(ASX:WOR) saw a statutory net profit after tax (NPAT) of $62.2 million for the year ended 30 June 2018, that’s an 85.7 per cent improvement on the result for the prior corresponding period of $33.5 million.
This result includes a charge against the Group’s US tax assets due to changes in US tax legislation of $81.7 million.
Statutory revenue and other income fell 7.4 per cent to $4.84 billion.
Underlying EBIT rose 15.9 per cent to $298.8 million.
They will pay a final dividend of 15 cents a share unfranked on September 24, taking the full year dividend to 25 cent a share.
Shares in WorleyParsons
(ASX:WOR) are up 1.87 per cent to $18.52.
