Australia's Objective rises most in almost 1-1/2 weeks on strong HY results

Objective

16/02/2023 03:55

** Shares of Objective Corporation Ltd  OCL.AX  rise as much
as 2.5% to A$13.3, set to mark best day since Feb 6
    ** Software firm posts HY net profit of A$10.7 mln ($7.39
mln) vs A$8.7 mln last year
    ** Posts HY revenue from ordinary activities A$55.0 Mln vs
A$52.7 Mln
    ** Sees service revenues increasing again in 2024
    ** Says outlook for contracting new business for remainder
of FY2023 is strong    
    ** More than 303,734 shares change hands, almost 10 times
the 30-day average volume 
    ($1 = 1.4474 Australian dollars)
 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))