BUZZ-Australia's Healius shares erase losses for year after strong trading update

Reuters
27 Mar
BUZZ-Australia's Healius shares erase losses for year after strong trading update

** Shares of Healius HLS.AX rise 11.8% to A$1.465, heading for their biggest pct jump since August 21, if gains hold

** Rise in shares propel healthcare co to post YTD gains of ~7%, compared with losses of over 4% on Wednesday's close

** Stock hits highest level since February 19 after February YTD revenue rises 6.2% and volumes jump 4%

** Co had posted 1H25 NPAT loss of A$12.8 million ($8.08 million) last month

** Intends to pay a special dividend of 41.3 Australian cents per share following the sale of diagnostic imaging unit

** About 3.7 mln shares change hands in their busiest day since March 4

($1 = 1.5850 Australian dollars)

(Reporting by John Biju in Bengaluru)

((John.Biju@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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10