Australia's BSA hits over 2-year high on positive quarterly update

BSA

26/07/2024 02:10

** Shares of Australia's BSA Ltd  BSA.AX  rise as much as
9.7% to A$0.79, their highest levels since mid-April 2022
    ** Stock marks its biggest intraday pct gain since April 26,
and has gained 5.6% so far in the week
    ** The engineering and construction co posts qtrly revenue
of A$68.4 mln ($44.77 mln), up from A$58.2 mln last year
    ** Co posts qtrly EBITDA of A$6.3 mln vs A$5.9 mln last year
    ** Near 180,913 shares change hands, vs 30-day average
volume of 10,551 shares
    ** Stock up 21% YTD, as of last close
   
   ($1 = 1.5277 Australian dollars)

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com))