Australia's Downer EDI top loser on benchmark on swinging to losses

DOWNER EDI

10/08/2023 02:30

** Shares of Australia's Downer EDI  DOW.AX  fall as much as
7.1% to A$4.070, posting biggest intraday drop since Feb. 27   
    ** Stock emerges as the top gainer on the ASX200 benchmark
 .AXJO , hits lowest since June 30  
    ** Australian contractor posts FY loss from ordinary
activities after tax attributable of A$367.3 mln ($239.85
million), compared with an year-ago profit of A$164.8 mln  
    ** Co declares a final dividend of 8 AU cents per share,
lower than year ago dividend of 12 AU cents
    ** Stock has risen 18.1% this year as of last close


($1 = 1.5314 Australian dollars)

 (Reporting by Nausheen Thusoo in Bengaluru)
 ((Nausheen.Thusoo@thomsonreuters.com;))