Australia's SDI gains on higher HY profit

SDI

28/02/2024 04:10

** Shares of SDI  SDI.AX  rise as much as 7.9% to A$0.820,
their highest level since Nov. 23, 2023
    ** Dental materials maker posts HY net profit after tax of
A$3.7 million ($2.41 million), up 37% from previous year
    ** Adds, HY sales rise 3.5% to A$52.2 million
    ** About 156,398 shares change hands, 6.3x the 30-day
average volume 
    ** Stock has risen 4.8% this year, as of last close


($1 = 1.5337 Australian dollars)

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))