Australia's Mayfield Group rises on upbeat half-yearly earnings

Mayfield group

27/02/2026 02:53

** Shares of Australia's Mayfield Group MYG.AX rise as much as 4.2% to A$3, their highest level since February 19, 2026

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

** Logs HY revenue of A$79.5 million, up 52.8% from last year

** Despite moves, MYG down 3.6% YTD

($1 = 1.4077 Australian dollars)

(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))