Australia's Abacus Storage King hits 7-week high on robust half-yearly results

Storage King

14/02/2025 01:42

** Shares of Abacus Storage King  ASK.AX  rise as much as
2.6% to A$1.190, their highest since December 27
    ** Self-storage operating services provider reports HY NPAT
of A$67.8 million ($42.84 million) vs A$0.4 million last year
    ** Says HY revenue almost doubled
    ** Stock up 5.6% YTD, including day's move
($1 = 1.5825 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)
 ((Jasmeenaraislam.shaikh@thomsonreuters.com))