Australia's WOTSO Property jumps on strong half-year results

WOTSO

08/02/2023 02:47

** Shares of WOTSO Property  WOT.AX  rise as much as 5% to
A$1.365, their highest since Jan 19
    ** The real estate security company posts HY net profit
attributable A$6.9 mln ($4.80 mln) vs A$3.5 mln a year earlier 
    ** Declares interim distribution of 3 AU cents per share
    ** Co's HY total revenue from continuing operations is
A$30.9 mln vs A$25.6 mln
    ** Stock posts its biggest intraday pct gain since Jan 16
    ** Stock up 11.1% this year, as of last close
    ($1 = 1.4370 Australian dollars)
 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))