Australia's GUD Holdings jumps most in over 15 mths on upbeat HY results

Amotiv

15/02/2023 24:44

** Shares of GUD Holdings  GUD.AX  jumps as much as 6.7% to
A$11.5, their best day since Oct 29, 2021 - if gains hold 
    ** The automotive part marker reports a 88.7% jump in its
half-year statutory net profit after tax of A$45.6 million 
($31.85 million); declares an interim dividend of 17 AU cents
per share  urn:newsml:reuters.com:*:nFWN34U1UM
    ** Co reports a HY revenue jump of 55.7% to A$517 million,
due to robust growth in its core businesses and acquisitions 
    ** Stock hits highest since Aug 19
    ** GUD has risen 9.1% this year as of last close
($1 = 1.4316 Australian dollars)
 (Reporting by Archishma Iyer in Bengaluru)
 ((Archishma.Iyer@thomsonreuters.com))