Australia's Southern Cross Electrical hits 4-1/2-month high on contract wins

Southern Cross Electrical Engineering

13/04/2022 03:45

** Shares of Southern Cross Electrical Engineering  SXE.AX 
climb up to nearly 4% to A$0.665, their highest since Nov 24
    ** The electrical and communication services provider says
it got various contract awards totalling circa A$20 mln ($14.93
mln) urn:newsml:reuters.com:*:nFWN2WA1KW
    ** Co says it enters the final quarter of FY22 with an order
book of A$600 mln 
    ** As of last close, stock up 6.7% this year

    ($1 = 1.3394 Australian dollars)

 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))