Australia's MNF Group at over 3-year high on strong annual numbers

Symbio Holdings

24/08/2021 06:42

** Shares of MNF Group  MNF.AX  jump as much as 16.75% to
A$6.76, their highest since February 2018
    ** The telecom provider reports https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02410644-2A1317488?access_token=83ff96335c2d45a094df02a206a39ff4
 FY underlying net profit after tax up 16% at A$19.2 mln ($13.87
mln)
    ** Recurring revenue for FY up 12% at A$113.2 mln, driven by
organic growth of wholesale customers
    ** Stock marks its biggest intraday percentage gain since
Feb 23 
    ** About 340,000 shares have changed hands, vs the 30-day
average of around 54,000 shares 
    ** MNF up 32% so far this year, as of Monday's close 
    
    ($1 = 1.3841 Australian dollars)