BUZZ-Australia's Advanced Braking Tech hits 4-year high on positive results

Reuters07-30

** Shares of Advanced Braking Technology climb as much as 7.7% to A$0.070, hitting their highest since early July 2020

** The vehicle braking solutions provider reports a year-to-date net profit after tax of A$1.7 mln ($1.11 mln), up 10.6% from prior corresponding period on higher revenue and management of operating costs

** Co posts FY normalised revenue of A$15.2 mln, up 14.2% on PCP

** About 1.1 mln shares change hands, 2.8 times compared with the 30-day average volume of 404,484 shares

** Stock up 25% this year, as of last close

($1 = 1.5284 Australian dollars)

(Reporting by Archishma Iyer)

((Archishma.Iyer@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2455629474?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-07-30 10:45","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2455629474","market":null,"top_or_hot":-1,"title":"BUZZ-Australia's Advanced Braking Tech hits 4-year high on positive results","media":"Reuters","content":"<html><body><p>** Shares of Advanced Braking Technology    climb as much as 7.7% to A$0.070, hitting their highest since early July 2020      </p><p>   ** The vehicle braking solutions provider reports a year-to-date net profit after tax of A$1.7 mln ($1.11 mln), up 10.6% from prior corresponding period on higher revenue and management of operating costs  </p><p>   ** Co posts FY normalised revenue of A$15.2 mln, up 14.2% on PCP</p><p>   ** About 1.1 mln shares change hands, 2.8 times compared with the 30-day average volume of 404,484 shares </p><p>   ** Stock up 25% this year, as of last close</p><p> ($1 = 1.5284 Australian dollars)</p><p> (Reporting by Archishma Iyer)</p><p>((Archishma.Iyer@thomsonreuters.com;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Australia's Advanced Braking Tech hits 4-year high on positive results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-Australia's Advanced Braking Tech hits 4-year high on positive results\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-30 10:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>** Shares of Advanced Braking Technology    climb as much as 7.7% to A$0.070, hitting their highest since early July 2020         ** The vehicle braking solutions provider reports a year-to-date net ...</p>\n\n<a href=\"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ABV.AU","symbol_name":"ADVANCED BRAKING TECHNOLOGY","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2455629474","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2455629474","pubTimestamp":1722307558,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"** Shares of Advanced Braking Technology    climb as much as 7.7% to A$0.070, hitting their highest since early July 2020         ** The vehicle braking solutions provider reports a year-to-date net profit after tax of A$1.7 mln , up 10.6% from prior corresponding period on higher revenue and management of operating costs     ** Co posts FY normalised revenue of A$15.2 mln, up 14.2% on PCP   ** About 1.1 mln shares change hands, 2.8 times compared with the 30-day average volume of 404,484 shares    ** Stock up 25% this year, as of last close  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ABV.AU":"ADVANCED BRAKING TECHNOLOGY","XKO.AU":"标普/澳交所 300指数","XJO.AU":"标普/澳交所 200指数","XAO.AU":"标普/澳交所 普通股指数","BK7051":"机动车零配件与设备"},"translate_title":"BUZZ-澳大利亚先进制动技术取得积极成果，创4年新高","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XAO.AU":1,"XJO.AU":1,"XKO.AU":1,"ABV.AU":0.9},"content_text":"** Shares of Advanced Braking Technology    climb as much as 7.7% to A$0.070, hitting their highest since early July 2020         ** The vehicle braking solutions provider reports a year-to-date net profit after tax of A$1.7 mln ($1.11 mln), up 10.6% from prior corresponding period on higher revenue and management of operating costs     ** Co posts FY normalised revenue of A$15.2 mln, up 14.2% on PCP   ** About 1.1 mln shares change hands, 2.8 times compared with the 30-day average volume of 404,484 shares    ** Stock up 25% this year, as of last close ($1 = 1.5284 Australian dollars) (Reporting by Archishma Iyer)((Archishma.Iyer@thomsonreuters.com;))","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2455629474"}