Hitech Group Australia jumps on upbeat earnings forecast

Hitech Australia

18/01/2022 03:12

** Shares of Hitech Group Australia Ltd  HIT.AX  jump as
much as 6.6% to A$2.1, highest since Dec. 8
    ** Information and communication technology company says it
expects HY22 results to be strong  urn:newsml:reuters.com:*:nASN0021WW
    ** Company says it expects first half of FY 2022 results to
show more than 10% improvement vs previous corresponding period
    ** Stock posts biggest intraday pct gain since Sept. 23
    ** As of last close, company's shares up marginally this
year

 (Reporting by Navya Mittal)
 ((Navya.Mittal@thomsonreuters.com))