Australia's SKS Technologies jumps on upbeat FY profit forecast

SKS Technologies

03/08/2026 04:41

** Shares of SKS Technologies SKS.AX rise as much as 10.3% to A$0.043, biggest intraday pct gain since July 16
** Company sees unaudited FY profit before tax of A$39.3 million ($27.62 million), 15.6% above market guidance of A$34 million 
** Electrical technologies firm expects profit before tax margin of 11.3% for the year
** YTD, SKS up 94.8%


($1 = 1.4229 Australian dollars)

 (Reporting by Nichiket Sunil in Bengaluru)
 ((Nichiket.Sunil@thomsonreuters.com))