Australia's Washington H. Soul hits highest in six weeks on HY results

Washington H. Soul Pattinson and

24/03/2022 24:03

** Shares of Washington H. Soul Pattinson and Company Ltd
 SOL.AX  rise as much as 2.4% to A$27.30, their highest since
Feb 10
    ** The investment firm records HY loss of $643.1 mln versus
a profit in the prior period, but posts regular profit after tax
of $343.7 mln, nearly a triple-fold rise from H1 FY21
 urn:newsml:reuters.com:*:nFWN2VQ0X8
    ** Declares an interim dividend of 29 cents per share
    ** Adds that it posted HY revenue of $1.28 bln, up 27% from
the previous corresponding period    
    ** Shares rise for a sixth consecutive session 
    ** Stock down about 10% this year, as of last close
    

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))