Autralia's EDU Holdings soars on profit jump, upbeat annual outlook
27/08/2026 06:07
BUZZ-Autralia's EDU Holdings soars on profit jump, upbeat annual outlook ** EDU Holdings EDU.AX surges as much as 9.6% to A$1.14, logging its strongest intraday gain since July 27
** Ikon Institute of Australia operator posts a 49% jump in half-year net profit to A$9.3 million ($6.68 million) as revenue surges 50%
** Expects FY26 revenue and net profit to exceed prior-year levels, supported by strong enrolment trends and solid momentum heading into the second half
** Declared interim fully-franked dividend of AU 3.0 cents per share, up from 1.0 AU cents per share year ago
** YTD, stock up 32.9%
($1 = 1.3926 Australian dollars)
(Reporting by Tejas Harish in Bengaluru)
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Autralia's EDU Holdings soars on profit jump, upbeat annual outlook
Brief: EDU Holdings Posts Half-Year Net Profit After Tax Of A$9.3 Million