Australia's Abacus Storage King rises on strong results

Storage King

16/02/2026 03:41

** Shares of Abacus Storage King ASK.AX rise as much as 2.6% to A$1.555, marking their biggest intraday pct gain since January 27

** Self-storage facilities firm posts 4.8% yoy increase in half-year net profit after income tax to A$71.1 million ($50.38 million)

** Logs 3.1% higher HY total revenue and other income of A$154.5 million

** Stock up 2% YTD

($1 = 1.4112 Australian dollars)

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))