Australia's Mayfield Group jumps on strong interim earnings

Mayfield group

27/02/2026 24:41

** Shares of Mayfield Group Holdings MYG.AX rise as much as 1.7% to A$2.93, their highest level since February 19

** Electrical and telecom equipment provider posts interim profit of A$4.5 million ($3.20 million), up from A$2 million from last year

** Revenue was A$79.5 million for the half year ended December 31, 2025, up 52.8% from a year earlier

** Down 3.6% YTD

($1 = 1.4075 Australian dollars)

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))