BUZZ-Australia's MLG Oz surges to near five-year high on profit boost
Reuters
Feb 17
BUZZ-Australia's MLG Oz surges to near five-year high on profit boost
** Shares of MLG Oz MLG.AX rise as much as 12% to A$1.12, their highest level since June 4, 2021** Mining service co posts HY Statutory Net Profit After Tax (NPAT) of A$7.1 million ($5.02 million), up 73.2%** Sees second-half performance to be broadly in line with the first half
** YTD, shares up 21.3%
($1 = 1.4142 Australian dollars)
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com))
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