BUZZ-Australia's Tamawood hits over three-week high on strong profit forecast
Reuters
Dec 17, 2025
BUZZ-Australia's Tamawood hits over three-week high on strong profit forecast
** Shares of Australia's Tamawood TWD.AX rise as much as 6.5% to A$2.80, their highest level since November 24
** Home builder expects its first-half profit before tax to rise by 40% to 50% from A$4.765 million ($3.16 million) in the prior corresponding period
** Says sales revenue for the five months to November 30 increased by 36.5%
** More than 19,900 shares change hands, 1.9x the 30-day average volume
** Stock has risen 6.9% this year, including the session moves
($1 = 1.5092 Australian dollars)
(Reporting by Roshan Thomas in Bengaluru)
((Roshan.Thomas@thomsonreuters.com;))
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