GR Engineering forecasts profit hit if NOGA can't recover

ASX-listed GR Engineering has flagged a hit to annual profits following news that Northern Oil & Gas Australia has gone into voluntary administration.

GR Engineering forecasts profit hit if NOGA can't recover GR Engineering forecasts profit hit if NOGA can't recover GR Engineering forecasts profit hit if NOGA can't recover GR Engineering forecasts profit hit if NOGA can't recover GR Engineering forecasts profit hit if NOGA can't recover

 

Nearly a fortnight ago administrators were appointed to Northern Oil and its associated subsidiaries TOGA Services and Timor Sea Oil & Gas Australia.