Shares in WorleyParsons Limited
(ASX:WOR) jumped nearly 11 per cent to $17.13 after the engineering company said it will review its global business on the back of a fall in profit.
Net profit of $112 million was down nearly 30 per cent on the previous year. The fall was attributed to a large downturn in earnings from resources business in Western Australia.
The company says it is still expected to achieve its full year guidance.
