BUZZ-Australia's Advanced Braking Technology hits five-year high on upbeat FY outlook** Shares of Advanced Braking Technology Ltd ABV.AX rise as much as 12.2% to A$0.092, hitting their highest level since July 1, 2020
** Stock currently up 9.8%, set for best day since early May if trend holds
** Braking systems manufacturer sees reported net profit after tax (NPAT) for FY25 to be A$1.78 mln ($1.16 mln), up 5% vs prior corresponding period (pcp)
** Co records sales revenue of A$5.6 mln for Q4 FY25, up 27% on pcp
** Around 2.8 mln shares change hands, 16.6x the 30-day avg trading volume of about 171,479 shares
** YTD, stock up 8.4%, including the session's gains
($1 = 1.5333 Australian dollars)
(Reporting by Shruti Agarwal in Bengaluru)
((Shruti.Agarwal@thomsonreuters.com))
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