Australia's PeopleIn rises most in over 2 yrs on bullish results, forecast

PeopleIn

26/08/2022 06:35

** Shares of workforce management and staffing co PeopleIn
Ltd  PPE.AX  rise as much as 17.6% to A$3.94, eyeing their best
session since May 8, 2020
    ** PPE says strong performance to continue in FY23
 urn:newsml:reuters.com:*:nASX5zCbW1
    ** Co recorded profit attributable of A$17.7 mln ($12.31
mln), up 0.04%, for FY22
    ** FY22 revenue increased 53.58% to A$682.3 mln
    ** Co declared a final dividend of 6.5 AU cents per share,
up from the 6 AU cents per share declared for FY21
    ** Shares hit their highest level since April 4
    ** More than a million shares change hands, compared with
the 30-day average volume of about 153,000 shares
    ** Stock down ~23.7% this year, as of last close


($1 = 1.4376 Australian dollars)

 (Reporting by Anan Ashraf in Bengaluru)
 ((Anan.Ashraf@thomsonreuters.com;))