Australia's Worley falls to near five-year low as profits decrease
26/08/2026 05:12
BUZZ-Australia's Worley falls to near five-year low as profits decrease ** Shares of Australia's Worley WOR.AX down as much as 13.4% to A$9.610, hitting their lowest since Dec. 2021
** Stock posts its biggest intraday pct fall since April 7, 2025
** The engineering firm posts an annual Statutory NPATA of A$306 million ($219.80 million), down from A$475 million
** Co says Middle East conflict & softer market conditions affected growth in some regions
** 7.7 million shares change hands, about 4.8x the 30-day average
** YTD, stock down 20%
($1 = 1.3922 Australian dollars)
(Reporting by Tejas Harish in Bengaluru)
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Australia's Worley falls to near five-year low as profits decrease