NZ's Chorus jumps most in nearly 3 weeks on strong annual results, dividend

Chorus

22/08/2022 02:37

** Shares of Chorus Ltd  CNU.NZ  rise as much as 1.6% to
NZ$7.93, their biggest intraday pct gain since Aug. 3
    ** Telecom infrastructure co posts annual NPAT of NZ$64 mln
($39.53 mln), compared to NZ$51 mln a year ago  urn:newsml:reuters.com:*:nNZWbc9q0p
    ** CNU announces FY22 dividend of 35 NZ cents per share, and
expects to declare dividends of 35 NZ cents per share in FY23
    ** Adds that FY23 EBITDA is expected to between NZ$655 mln
and NZ$675 mln in FY23, compared to NZ$675 mln in FY22
    ** ASX-listed shares  CNU.AX  up as much as 3.6% to A$7.25,
their biggest jump since March 22
    ** Stock up 8.9% this year, as of last close 


($1 = 1.6189 New Zealand dollars)
    

 (Reporting by Harish Sridharan in Bengaluru)
 ((harish.sridharan@thomsonreuters.com))