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David Pringle says the group is trading profitably.
Pindan reassures contractors
Wednesday, 21 March, 2018 - 14:11
Construction group Pindan said today it planned to make full payments to all sub-contractors by the end of this week, after co-founders George Allingame and David Pringle complete the sale of several properties.
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Total value of current WA projects
| 1st |  | Multiplex | NFP |
| 2nd | | Probuild | NFP |
| 3rd |  | Pindan | NFP |
| 4th | | BGC Australia | NFP |
| 5th |  | Doric | 605,000,000 |
98 construction companies ranked by total combined value of current WA projects ($)
Revenue
| 20th | | Coogee | $353.0m |
| 21st | | DoricJaxon Consolidated | $344.5m |
| 22nd | | Pindan | NFP |
| 23rd | | Galati Group | $285.5m |
| 24th | | Zorzi Builders | $250.0m |
112 private companies - large ranked by revenue most recent financial year
Housing starts
| 5th | | Redink Homes | 724 |
| 6th | | Content Living | 657 |
| 7th | | Pindan | 649 |
| 8th | | Summit Homes Group | 622 |
| 9th | | Delstrat Group | 432 |
44 residential builders ranked by no. of starts (2017/2018)
Number of Employees
Construction Companies
| 1st | Georgiou Group | 488 | |
| 2nd | Lendlease | 400 | |
| 3rd | Pindan | 350 | |
| 4th | Multiplex | 189 | |
| 5th | John Holland | NFP |
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The information is general information only and does not constitute financial advice It is not intended to be, and should not be construed in any way as, investment, legal or financial advice
Retail clients should be advised the Morningstar Financial Services Guide can be found at http://www.morningstar.com.au/fsg.asp
Show moreIt is important to note that the Morningstar information displayed by Business News is not to be copied or distributed except as authorised; and that such information is not warranted to be accurate, complete or timely and that neither Morningstar nor Business News are responsible for any damages or losses arising from any use of this information.
The information is general information only and does not constitute financial advice It is not intended to be, and should not be construed in any way as, investment, legal or financial advice
Retail clients should be advised the Morningstar Financial Services Guide can be found at http://www.morningstar.com.au/fsg.asp
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