Australia's 8VI Holdings hits 3-week high on strong FY results

8VI Holdings

31/05/2021 03:17

** Shares of 8VI Holdings  8VI.AX  gain as much as 4.4% to
A$2.60, their highest since May 6 
    ** The Singapore-based financial education tech (FinEduTech)
co says full-year profit attributable surged nearly 450% to
S$5.9 mln ($4.46 mln); FY revenue more than doubled to S$26 mln
 urn:newsml:reuters.com:*:nASXbp7grH
    ** 8VI says increase in earnings attributable to successful
transformation of co's FinEduTech business
    ** Stock up 46.5% this year, as of last close
    
  
    ($1 = 1.3224 Singapore dollars)

 (Reporting by Harish Sridharan in Bengaluru)
 ((harish.sridharan@thomsonreuters.com))