Australia's Peter Warren Automotive Holdings hits record low on profit dip

Peter Warren Automotive Holdings

21/02/2025 24:50

** Shares of Peter Warren Automotive Holdings  PWR.AX  fall
11.9% to a record low of A$1.390
    ** The automotive parts retailer posts HY profit of A$3.6
million ($2.30 million), down 83.2% from last year
    ** Co declares interim dividend of 1.6 Australian cents per
share vs 8.5 Australian cents apiece last year
    ** Stock posts biggest intraday drop since May 28, 2024
    ** 235,813 shares change hands, 3.1x the 30-day average of
75,224 shares
    ** Stock down 7.3% YTD, including session's moves 

($1 = 1.5627 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)
 ((Jasmeenaraislam.shaikh@thomsonreuters.com))