Australia's Corporate Travel Management hits near 14-year low after trading resumes
03/09/2026 01:44
BUZZ-Australia's Corporate Travel Management hits near 14-year low after trading resumes ** Shares of Corporate Travel Management CTD.AX drop as much as 82.5% to A$2.81, their lowest level since October 10, 2012
** Stock set for its weakest session on record, if current losses hold
** Stock resumes trading after being suspended on the ASX since August 22, 2025
** The business travel services firm on Wednesday reported FY26 net profit after tax of A$17.7 million, compared with a loss of A$348.5 million a year before
** CTD reported a net loss for fiscal year 2025 last week, nearly a year after the results were scheduled
** About 5.6 million shares change hands, 12.5x 30-day average
(Reporting by Sherin Sunny in Bengaluru)
Recent news on Corporate Travel Management
See all newsAustralia's Corporate Travel Management surges on security guarantee release from IATA
Brief: Corporate Travel Management Says IATA Releases A$65 Million Security Guarantee
Press Digest: British Business - September 21
Brief: Corporate Travel Management Extends UK Public-Sector Customer Contracts
Australia's Corporate Travel loses $1.44 billion in market value after trade resumes (updated)