ASX-listed Sims marks best session in over 13 years on profit jump

Sims

14/02/2022 23:57

** Shares of metals and electronics recycler Sims Ltd
 I8M.F  rise as much as 14.1% to A$17.110, mark their biggest
intraday percentage gain since Jan 2009
    ** Co posts a first-half net profit after tax of A$269.3 mln
($191.98 mln), compared with A$37.3 mln reported a year ago 
 urn:newsml:reuters.com:*:nRscf3jGPa
    ** Sales revenue for the first half was up 73.9% to A$4.27
bln and also declared an interim dividend of 41 Australian cents
per security 
    ** Stock hits highest level since Jan 6 
    ** Stock down ~6.7% this year, as of last close

    ($1 = 1.4027 Australian dollars)

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))