Australia's Fos Capital hits record high as quarterly sales triple
03/10/2024 04:08
** Shares of Fos Capital FOS.AX gain as much as 7.1% to a
record high of A$0.300
** The lighting services provider says its Q1 sales nearly
tripled to A$8.3 mln ($5.70 mln) y/y
** Co says the jump was driven by increased activity from
infrastructure projects, among others
** Stock set for its best day since Sept 9, if current trend
holds
** FOS stock has gained 25%, YTD
($1 = 1.4571 Australian dollars)
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com;))