GRSE Reports 38% Rise in Q1 Profit, Revenue Up

Garden Reach Shipbuilders & Engineers (GRSE) made more profit this past quarter compared to last year, up by 38%.

They also made more money overall.

While their profit was up from last year, it was lower than the previous quarter.

The company spent more money this quarter than last year.

After the announcement, the company's stock price slightly went down.