BUZZ-SHAPE Australia Corp hits record high on upbeat full-year profit

Reuters
08/20
BUZZ-SHAPE Australia Corp hits record high on upbeat full-year profit

** Shares of SHAPE Australia Corp SHA.AX rise as much as 7.4% to A$4.62, marking a record high; last up 6% at A$4.56

** Construction services firm reports 31.9% rise in full-year profit attributable at A$21.1 million ($13.6 million)

** Declares final dividend of 12.5 Australian cents apiece vs 9 AU cents per share last year

** Stock on track to gain most since June 30, if gains hold

** About 365,155 shares change hands, 6.5x the 30-day average of 56,349

** Stock up 59.7% YTD, including moves in current session

($1 = 1.5538 Australian dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((JasmeenAraIslam.Shaikh@thomsonreuters.com;))

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