Australia's Aerison Group climbs after raising revenue forecast
05/10/2021 05:07
** Shares of engineering and construction co AE1.AX rise
as much as 4.9% to A$0.215
** Co raises FY22 revenue guidance by 15% to A$180 mln after
securing several new engineering contracts valued at about
A$140.0 mln ($101.71 mln) urn:newsml:reuters.com:*:nFWN2R00US
** Also secures new three-year shutdown maintenance support
services agreement for an iron ore producer
** More than 344,000 shares change hands, vs the 30-day
average of about 140,000 shares
** Stock down 4.6% since July debut, as of last close
($1 = 1.3763 Australian dollars)
(Reporting by Jaskiran Singh in Bengaluru)
((jaskiran.singh@thomsonreuters.com))