Shape Australia hits record high as annual profit soars

SHAPE Australia

21/08/2024 06:13

** Shares of Shape Australia  SHA.AX  rise as much as 3.1%
to A$2.670, hitting a record high
    ** Construction services specialist reports FY24 net profit
after tax up 53% to A$16 mln ($10.8 mln)
    ** Co declares final dividend of 9 AU cents per share
    ** Stock on track for its fourth consecutive sessions of
gains; has risen about 11.5% during this period
    ** Stock is up over 45% this year, as of last close

($1 = 1.4832 Australian dollars)

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com;))