Australia's GenusPlus jumps on strong FY earnings

Genusplus

26/08/2024 03:53

** Shares of GenusPlus  GNP.AX  rise as much as 6.1% to
A$2.420, an all-time high 
    ** Power services provider says it achieved a net profit
after tax of A$19.3 million ($13.10 million), up 43.7% on
previous corresponding period (PCP)
    ** Co reported an FY revenue of A$551 mln, up 24.1% on PCP
    ** GNP declared a dividend of 2.5 Australian cents per share
    ** Stock set for its best day since Aug. 9
    ** GNP up 62.9% YTD, as of last close

($1 = 1.4732 Australian dollars)

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))