Professional services company WorleyParsons Limited today announced a statutory net loss after tax of $2.4 million for the six months to 31 December 2016. Underlying net profit after tax (NPAT) was $57.1 million, down 22.7% on the prior corresponding period. Aggregated revenue declined 30.3% to $2,165.7 million, in line with overall market contraction.
Half Year Results 2017
Restatement of Operating Segment Information
Effective 1 July 2016, WorleyParsons operations have been managed and reported through the following business lines: Services, Major Projects & Integrated Solutions and Advisian.
Contract Extension with Saudi Aramco
WorleyParsons is pleased to announce the renewal of the General Engineering Services Plus (GES+) contract with Saudi Aramco for an additional five (5) years with further potential for up to three additional one year increments.