Australia's EDU Holdings rises most in six weeks on higher profit outlook
27/07/2026 02:32
BUZZ-Australia's EDU Holdings rises most in six weeks on higher profit outlook ** Shares of Australia's EDU Holdings EDU.AX rise as much as 11.6% to A$1.105, their biggest intraday pct gain since June 15
** The tertiary education businesses operator expects half-year profit before tax of A$12.5 million-13.5 million ($8.74 million-$9.44 million), higher than A$8.3 million reported in the prior corresponding year
** EDU expects half-year revenue in the range of A$52.5 to A$54.5 million, higher than A$36.1 million in the prior year
** Around 347,000 shares change hands, nearly 1.7x 30-day average
** EDU stock up 39.8%, YTD
($1 = 1.4298 Australian dollars)
(Reporting by Keshav Singh Chundawat in Bengaluru)
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Brief: EDU Holdings Posts Half-Year Net Profit After Tax Of A$9.3 Million