A2B Australia jumps most in more than 7 months on robust HY results

A2B Australia

21/02/2023 02:35

** Shares of A2B Australia Ltd  A2B.AX  jump as much as 7.1%
to A$1.21, seeing their best day since July 14 if current gains
hold
    ** Taxi service firm posts HY underlying net profit after
tax attributable of A$4.1 mln ($2.83 mln) vs a loss of A$6.2 mln
a year earlier
    ** Says HY revenue up 21.1% at A$72.3 mln
    ** Stock hits highest since Aug 30
    ** More than 87,500 shares change hands, almost thrice the
30-day average volume 
    ** Stock up 6.6% this year, as of last close
($1 = 1.4482 Australian dollars)
 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))