Australia's Diversified United Investment falls on poor FY earnings

Diversified United Investment

16/08/2024 05:56

** Shares of Diversified United Investment  DUI.AX  down
1.1%
    ** Investment co's stock on track for worst day since Aug.
5, if losses hold
    ** Co 's FY statutory profit after tax of A$36.0 million
($23.84 million) down 15.9% from the prior year
    ** FY revenue from ordinary activities at A$46.5 mln, down
12.3% from the prior year
    ** Stock has risen 4.8% this year, as of last close

($1 = 1.5101 Australian dollars)

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