BUZZ-Australia's Coast Entertainment gains on first-half revenue growth

Reuters
01-20
BUZZ-Australia's Coast Entertainment gains on first-half revenue growth

** Shares of Coast Entertainment Holdings CEH.AX rise as much as 3.3% in their largest intraday pct gain since Dec. 16

** Stock last up 2.2% at A$0.47

** Leisure and entertainment firm reports preliminary unaudited rev A$47.7 mln ($29.57 mln) for 1H25, up 9.6% from A$43.5 mln in the same period last year

** Attributes revenue growth to 10.8% increase in visitations to co's theme parks and attractions

** More than 460,000 shares change hands vs 30-day avg volume of around 367,000 shares

** Coast Entertainment down 3.1% YTD, including current session's moves

($1 = 1.6132 Australian dollars)

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

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