Australia's AVJennings drops on weak HY results

Avjennings

26/02/2024 04:28

** Shares of AVJennings  AVJ.AX  fall as much as 16.1% to
A$0.26, lowest level since Dec. 15, 2023
    ** Shares of co on track for its worst day since Oct. 13,
2023, if losses hold
    ** Real estate co posts HY profit attributable of A$2.8
million ($1.83 million) versus A$15.2 million year ago 
    ** Co says HY revenues A$120.4 million versus A$140.4
million
    ** About 357,502 shares change hands, 4.9 times the 30-day
average volume of shares

($1 = 1.5265 Australian dollars)

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))