Australia's ARB Corp eyes best day in 22 months on upbeat HY results

ARB

31/01/2022 02:47

** Shares of ARB Corp Ltd  ARB.AX  soar as much as 15.7% to
A$49.5, set for their best session since March 2020 
    ** Vehicle accessories maker says its first-half un-audited
revenue jumped 26.5% to A$359 mln ($251.77 mln)  urn:newsml:reuters.com:*:nASX4Tnxrm
    ** Says HY profit before tax is in a range of A$90 mln to
A$92 mln
    ** As of last close, stock down 18.6% this year
    
($1 = 1.4259 Australian dollars)

 (Reporting by Navya Mittal)
 ((Navya.Mittal@thomsonreuters.com;))