BUZZ-Australia's Mirvac Group climbs on upbeat HY results

Reuters

02/14

BUZZ-Australia's <a href="https://laohu8.com/S/MRVGF">Mirvac Group</a> climbs on upbeat HY results

** Shares of Mirvac Group MGR.AX rise 5% to A$2.1, set for best day since mid-November 2023, if gains hold

** The property investment firm reports HY operating profit after tax of A$236 million ($149.06 million), beating consensus estimate of A$220.4 million

** HY operating EPS 7% ahead of consensus estimates

** Swings to statutory profit of A$1 million vs loss of A$201 million last year

** Stock up 12% YTD, including day's moves

($1 = 1.5833 Australian dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.shaikh@thomsonreuters.com))

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