Australia's Tamawood jumps to over 3-month high on HY results

Tamawood

01/02/2021 04:42

** Home designer Tamawood Ltd's shares  TWD.AX  jump as much
as 5.3% to A$3.58, highest since Oct. 22
    ** Company records half-year net profit after tax of A$3.2
mln ($2.4 mln), a 78% increase compared to year-earlier period
 urn:newsml:reuters.com:*:nASX4ZtHJh
    ** TWD expects to declare dividends of 27 Australian
cents/shr for the year, while proposing an interim dividend of
11 Australian cents/shr
    ** Stock posts biggest intraday pct gain in over three
months; Volumes at nearly thrice the 30-day avg at 19,156 shares
    ** Shares had gained 1.5% in 2020 vs a 1.5% decline this
year, as of last close

 ($1 = 1.3072 Australian dollars)

 (Reporting by Yamini C S)
 ((Yamini.CS@thomsonreuters.com))