Australia's HSC Technology hits 3-mth high on further order from Lendlease

Talius

14/02/2023 04:02

** Shares of HSC Technology Group  HSC.AX  jump as much as
22.2% to A$.011, their highest level since Nov 15
    ** Technology services provider says it has received
additional order from Lendlease 
    ** Adds revenue from order is forecast to be more than A$2.8
mln ($1.95 mln); co had a revenue of A$3.3 mln in the December
qtr
    ** About 7.4 mln shares exchange hands vs 30-day average of
about 1.8 mln shares
    ** Stock has remained flat this year, as of last close 
($1 = 1.4374 Australian dollars)
 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))