Australia's ARB Corporation climbs to 21-month high on HY profit jump

ARB

19/02/2024 23:45

** Shares of ARB corporation  ARB.AX  rise as much as 7.0%
to A$38.275, hitting highest level since May 3, 2022         
    ** The motor vehicles accessories maker reports an 8.1% hike
in its half-yearly net profit attributable
    ** Co declared an interim dividend of 34 Australian cents
per share
    ** ARB set for best day since Dec 14, 2023, if trend holds
    ** Stock down 0.5% YTD, as of last close

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))