Australia's Qube Holdings hits over 2-month high on results, forecast

Qube Holdings

25/08/2022 03:41

Aug 25 (Reuters) -    ** Shares of logistics services
company Qube Holdings Ltd  QUB.AX  rise as much as 6.3% to
A$2.88, the highest since June 
20
    ** Co's FY22 revenue rose 27.7% to A$2,505.7 mln ($1.74
bln), due to continuing high volumes across co's core markets
and growth within its Patrick terminals segment  urn:newsml:reuters.com:*:nFWN3001RR
    ** Adds net profit attributable increased 39.2% to A$127.5
mln for FY22; declares final dividend Of 3.3 cents per share 
    ** Expects FY23 underlying profit to grow relative to FY22
    ** Co posts biggest intraday jump since June 23
    ** Qube shares down 14.5 YTD, as of last close  

     ($1 = 1.4413 Australian dollars)

 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))