Australia's Ridley Corp soars after HY profit more than doubles

Ridley

26/02/2026 24:53

** Shares of Ridley Corp RIC.AX rise as much as 19.9% to A$2.95, its biggest intraday pct gain since May 13, 2025

** Co posts HY statutory NPAT of A$52.7 million ($37.54 million), up 137.4% from pcp

** Shares hit highest level since Nov 6, 2025

** YTD, shares up 5.7%

($1 = 1.4039 Australian dollars)

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))