Australia's Ventia Services rises most in 3 weeks on positive results

Ventia Services

25/08/2022 06:50

** Shares of infrastructure solutions provider Ventia
Services Group  VNT.AX  rise as much as 5.4% to A$2.94, eyeing
their best session since Aug. 2
    ** VNT says outlook for group is "positive" as it recently
secured new contracts  urn:newsml:reuters.com:*:nASX700zj3
    ** Co recorded HY profit after tax attributable of A$105 mln
 ($73.00 million), up 163.2% 
    ** HY total revenue from cont ops up 8.7% at A$2.51 bln
    ** Board further resolved to pay an interim dividend of 7.47
AU cents per share
    ** More than 909,000 shares change hands, compared to the
30-day average of about 889,000 shares
    ** Shares hit their highest level since Aug. 17
    ** Stock up ~39.5% this year, as of last close


($1 = 1.4384 Australian dollars)

 (Reporting by Anan Ashraf in Bengaluru)
 ((Anan.Ashraf@thomsonreuters.com;))