Australia's IPD Group hits over a year high on strong half-yearly earnings

IPD

23/02/2026 04:03

** Shares of Australia's IPD Group IPG.AX rise as much as 6.2% to A$4.83, their highest level since November 14, 2024

** The electrical components maker posts HY underlying net profit after tax of A$14.4 million ($10.18 million), up 8.3% from last year

** Co logs HY revenue of A$192.7 million, up 8.9% from last year

** Co declares interim dividend of 6.8 Australian cents/share

** Stock up 7.7% YTD, including session's moves

($1 = 1.4142 Australian dollars)

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))