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WorleyParsons FY'19 results tick higher YOY

WorleyParsons Ltd. on Aug. 21 reported a statutory net profit after tax of A$172.3 million for the year ended June 30, up 137% from the statutory net profit after tax of A$72.8 million reported for the year ended June 30, 2018.

The Australian engineering services firm posted revenues of A$6.92 billion, increasing 43.2% from A$4.84 billion a year ago.

The company reported a backlog of A$18 billion for the year ended June 30, up from A$16.4 billion during the year ended June 30, 2018.