Sims' Australia-listed shares tumble on HY profit drop

Sims

20/02/2024 24:59

** ASX-listed shares of Sims  SGM.AX  fall as much as 11.3%
to A$12.870, posting their biggest intraday pct loss since Sept.
11, 2023
    ** Stock of tech solutions provider hits its lowest level
since Nov. 14 
    ** Sims  I8M.F  posts HY net profit attributable of A$65.8
mln ($42.96 mln), down 34.9% from the corresponding period last
year
    ** Including Tuesday's session, stock down ~17% YTD

($1 = 1.5316 Australian dollars)

 (Reporting by Neha Soni in Bengaluru)
 ((Neha.Soni@thomsonreuters.com))