Australia's Decmil jumps most in nearly four months on contract win

Decmil

15/08/2023 02:07

** Shares of Decmil Group  DCG.AX  jump as much as 12.9% to
A$0.175; logs biggest intraday pct jump since April 20 
    ** The engineering and construction services provider says
it has won an A$84 million ($54.48 million) contract at the
Ceres Urea Plant Project in Pilbara, Western Australia
 urn:newsml:reuters.com:*:nFWN39V1DB
    ** Adds co's order book exceeds A$550 million following the
contract win 
    ** Co hits highest since July 19 
    ** Stock has fallen ~11.4% this year, as of last close


($1 = 1.5418 Australian dollars)

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))