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WiseTech Global: Downgrade to Hold

24 February 2023

WiseTech Global shares jumped +4.3% yesterday after reporting another strong result, where revenue grew +35% from last year to $378.8m and underlying net profit after tax jumped +40% from last year to $108.5m. The company signed up another major freight forwarding company — Knuhne + Nagel as a client.

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