Australia's Southern Cross Electrical climbs on strong HY results

Southern Cross Electrical Engineering

28/02/2022 01:22

** Shares of Southern Cross Electrical Engineering  SXE.AX 
rise as much as 10.2% to A$0.595, mark their biggest intraday
percentage gain since Aug. 25, 2021
    ** The electrical and communications service provider posts
HY profit attributable of A$6.7 mln ($4.82 mln), an increase of
48.2% from last year  urn:newsml:reuters.com:*:nASX6KqKSH
    ** Posts HY revenue of A$253 mln, up 86.8%
    ** Shares hit their highest since Jan. 25
    ** As of last close, stock down 10% this year

($1 = 1.3910 Australian dollars)

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))