GRD Limited has delivered an unaudited post tax profit for the six months to 30 June 2006 of $78 million, up on the previously forecast result for the period of $75 million.
GRD Limited has delivered an unaudited post tax profit for the six months to 30 June 2006 of $78 million, up on the previously forecast result for the period of $75 million.
This strong performance incorporates the net gain made on the partial disposal of GRD's interest in OceanaGold.
GRD Limited's trading performance was underpinned by the continued strengthening of its engineering business, GRD Minproc, which delivered an unaudited half year earnings before tax of $11 million, up 24% on the December 2005 half year result and up 110% on the June 2005 half year result.