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

Coast Entertainment Holdings

20/01/2025 01:06

** 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;))