Australia's TPC Consolidated hits near 3-month high on strong FY18 forecast

TPC Consolidated

26/07/2018 02:01

** Telecommunication firm TPC Consolidated Ltd  TPC.AX 
rises as much as 4.5 pct to A$1.05, highest since April 30
    ** Co expects FY18 profit before tax A$1.3 mln
($969,410.00), compared with A$0.8 mln in FY17 urn:newsml:reuters.com:*:nFWN1UL18K
    ** Sees FY revenue at A$80.2 mln, compared with A$68.9 mln
last year
    ** Stock posts biggest intraday pct gain since April 10
    ** Stock down 22.7 pct this year as of last close
($1 = 1.3410 Australian dollars)

 (Reuters Messaging: shanima.a.thomsonreuters.com@reuters.net)