Australia's Hansen Technologies slumps as HY profit falls

Hansen Technologies

22/02/2023 01:53

** Shares of Hansen Technologies Ltd  HSN.AX  fall as much
as 7.4% to A$4.480, set to mark worst day since Aug. 24
    ** Software firm says HY underlying net profit after tax
attributable A$24 mln ($16.43 mln) vs A$31.8 mln from a year
earlier
    ** Posts HY revenue from ordinary activities A$149.1 mln vs
A$148.9 mln
    ** Declares interim dividend of 5.0 AU cents per share
    ** Stock hits lowest since Oct. 17
    ** More than 404,887 shares change hands, almost thrice the
30-day average volume 
    ** Stock down 5.8% this year, as of last close
($1 = 1.4607 Australian dollars)
 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))