Australia's SG Fleet Group hits highest in nearly six months on FY results

SG Fleet

16/08/2022 03:40

** Shares of SG Fleet Group Ltd  SGF.AX  rise as much as
3.65% to A$2.84, their highest since Feb. 22
    ** Fleet management solution provider records FY22 profit
attributable of A$60.7 mln ($42.68 mln), up 39%  urn:newsml:reuters.com:*:nASX7nbSqj
    ** Group's fleet size as at 30 June 2022 was 267,867, up
from 138,797 as of June 30, 2021
    ** Revenue from ordinary activities increased about 84% to
A$886.8 mln
    ** Co declares a final dividend for the year of A$6.811,
compared with A$5.393 declared for FY21
    ** Stock up for a third straight session
    ** More than 173,000 shares change hands, compared with the
30-day average volume of about 45,000 shares
    ** Stock up 9.6% this year, as of last close

($1 = 1.4223 Australian dollars)

 (Reporting by Anan Ashraf in Bengaluru)
 ((Anan.Ashraf@thomsonreuters.com;))