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BUZZ-Australia's Dexus set for best day in over a year on sharp HY profit jump

Reuters
02/18
BUZZ-Australia's <a href="https://laohu8.com/S/DXS.AU">Dexus</a> set for best day in over a year on sharp HY profit jump

** Shares of Dexus DXS.AX rise as much as 6.3% to A$6.71, set for best session since mid-August 2024

** Logs highest level since February 3

** Convenience retail asset manager reports a strong jump in half-year statutory net profit attributable to A$348.5 million ($246.84 million) from A$10.3 million last year

** Announces distribution of 19.3 AU cents, up from 19 AU cents a year ago

** Stock is down 4.2% YTD, including the session's moves

($1 = 1.4118 Australian dollars)

(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com;))

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