Australia's Dusk Group soars on upbeat results, special dividend

Dusk

26/02/2025 24:10

** Shares of retailer Dusk Group DSK.AX rise 14.6% to A$1.220

** Stock rose to as high as A$1.300 earlier, its highest since mid-November 2024

** Co posts HY net profit of A$9.5 million ($6.03 million), up 18.6% from last year

** Declares interim dividend of 5 Australian cents per share vs. 2.5 Australian cents per share last year

** Also announces special dividend of 5 Australian cents per share

** Stock set for biggest one-day pct gain since late-August if gains hold

** 692,145 shares change hands, 9.3x times the 30-day average

** Including session's moves, stock trims YTD losses to 2%

($1 = 1.5743 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((Jasmeenaraislam.shaikh@thomsonreuters.com))