BUZZ-Australia's Nine Entertainment jumps on higher half-year profit

Reuters
Feb 24
BUZZ-Australia's <a href="https://laohu8.com/S/NNMTF">Nine Entertainment</a> jumps on higher half-year profit

** Shares of Nine Entertainment NEC.AX rise as much as 2.8% to A$1.09, stock's biggest intraday percentage gain since February 2

** Media co posts HY net profit after tax of A$95.2 million ($67.15 million), up 30% from last year

** Declares interim dividend of 4.5 Australian cents per share

** YTD, NEC shares down 0.9%

($1 = 1.4176 Australian dollars)

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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