BUZZ-Australia's Macmahon falls to 1-1/2-month low on downbeat interim results

Reuters
02-18
BUZZ-Australia's Macmahon falls to 1-1/2-month low on downbeat interim results

** Shares of Macmahon Holdings MAH.AX fall as much as 7.6% to A$0.305, their lowest levels since January 8

** The mining services provider posted its half-year profit attributable, down 17.8% at A$30 million ($19.04 million)

** About 2.1 million shares change hands, vs the 30-day average of 1.4 million shares

** Stock rose 86.5% in 2024

($1 = 1.5753 Australian dollars)

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com;))

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