Australia's Stockland gains on half-year profit rise

Stockland

16/02/2026 04:01

** Stockland Corp SGP.AX rises as much as 2% to A$5.275; marks biggest intraday pct gain since December 10

** Diversified property group posts rise in HY profit after tax attributable to A$292 mln ($206.8 million) from year-ago A$245 million

** Declares interim dividend of 9 AU cents/share

** SGP down 8.5% YTD

($1 = A$1.4118)

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))