NZ's Solution Dynamics hits near 3-wk low on lowering FY profit view

Solution Dynamics

10/05/2021 02:02

** Shares of the communication management co  SDL.NZ  slip
3.1% to NZ$3.10, their lowest since April 21
    ** SDL now expects 2021 net profit after tax of around NZ$2
mln ($1.5 mln), at the lower end of its earlier forecast of NZ$2
mln-NZ$2.5 mln  urn:newsml:reuters.com:*:nNZW5P3zp3
    ** Nearly 14,000 shares traded vs their 30-day moving avg of
around 3,000 shares
    ** Up to Friday's close, stock had traded about flat this
year

($1 = 1.3727 New Zealand dollars)

 (Reporting by Shashwat Awasthi in Bengaluru)
 ((Shashwat.Awasthi@thomsonreuters.com))