Australia's Hansen Tech touches 6-week high on upbeat results

Hansen Technologies

21/02/2022 01:49

** Shares of software provider Hansen Technologies  HSN.AX 
jump as much as 8.1% to A$5.35, on track for their best session
since June 7, 2021, if gains hold
    ** Reports underlying net profit after tax growth of 13% to
A$23.6 million ($16.97 million) for the half year  urn:newsml:reuters.com:*:nASX4HlfxK 
    ** HY operating revenue up 5% to A$148.9 mln 
    ** Co attributes revenue growth to diversification of
customer base, high customer entrenchment  urn:newsml:reuters.com:*:nASX6hr2w5 
    ** Stock hits highest level since Jan. 6
    ** HSN down 7.5% YTD, as of last close 
    
($1 = 1.3906 Australian dollars)

 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))