BUZZ-WiseTech Global gains on positive results; Richard White appointed chair

Reuters
02-26
BUZZ-WiseTech Global gains on positive results; Richard White appointed chair

** Shares of Australia's WiseTech Global WTC.AX rise as much as 8.4% to A$102.500, its biggest intraday pct gain since October 25, 2024

** Software maker posts HY underlying profit after tax of $112.1 million, up 34% from last year

** WTC declares interim dividend of 6.7 cents per share, unchanged from last year

** Company, separately, announces appointment of Richard White as executive chairman, even as WTC's board remain split over the founder's role amid controversies

** Stock has fallen 25.9% this year, as of 0116 GMT

(Reporting by Roshan Thomas in Bengaluru)

((Roshan.Thomas@thomsonreuters.com))

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