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WOR Worley News Story

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IndustrialsConservativeLarge CapSuper Stock

Australia's Worley hits over 4-year low, extends losses on weak half-year earnings

** Shares of Australia's Worley WOR.AX extend losses to fall as much as 7.2% to A$10.87, their lowest level since early January 2022

** If losses hold, stock on track to record worst week since mid-March 2020, after having lost 18.7% in the week so far

** Stock on track to record its worst month since March 2020

** The Australian engineering firm down 10.2% in the previous session after posting a 30% drop in half-year NPATA attributable to A$152 million ($107.97 million)

** Posts half-year revenue of A$5.53 billion, compared with A$5.61 billion last year

** Stock down 12.8%, YTD

   ($1 = 1.4079 Australian dollars)

 (Reporting by Sneha Kumar in Bengaluru)

 ((Sneha.kumar@thomsonreuters.com;))

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