Australia's Tuas rises to 7-week high as H1 loss narrows

Tuas

23/03/2023 02:51

** Shares of telecom services firm Tuas Ltd  TUA.AX  rise as
much as 3.9% to A$1.35, their highest level since Feb 1
    ** The Singapore-focused co says its half-yearly loss
narrowed to S$7.5 mln ($5.66 mln), from S$13.4 mln a year ago 
    ** Revenue rises 55% to S$39.6 mln in H1 
    ** Trading volumes at thrice the 30-day average, with about
525,000 shares traded so far
    ** As of last close, TUA down 2.3% YTD 

     ($1 = 1.3259 Singapore dollars)
    

 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))