Australia's Tamawood jumps as annual profit soars

Tamawood

04/07/2024 01:52

** Shares of Tamawood  TWD.AX  rise as much as 5% to
A$2.530, set for best day since June 3, if current gains hold   
 
    ** Contract home construction co says FY24 profit before tax
$8.083 mln, up 167.5% 
    ** Says final dividends expected to be restored in the near
future
    ** TWD down 0.8% YTD, as of last close

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))