Australia's Peter Warren Holdings jumps on upbeat HY results

Peter Warren Automotive Holdings

21/02/2023 02:39

** Shares of Peter Warren Automotive Holdings  PWR.AX  rise
as much as 4.4% to A$2.860, posting biggest intraday pct gain
since Jan. 24
    ** Motor vehicle dealer posts HY profit attributable A$30.2
million ($20.85 million), up 27.3% YoY
    ** Says HY revenues from ordinary activities up 28.7% to
A$993.1 million
    ** Declares a fully franked dividend of 11 AU cents per
fully ordinary share, payable on March 31
    ** Shares touch highest level since Feb. 2
    ** Stock has risen 1.5% this year, as of last close
    ($1 = 1.4482 Australian dollars)
 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))