Australia's Eildon Capital rises on strong profit outlook

Eildon Capital

20/07/2022 02:12

** Shares of real estate investment co Eildon Capital Ltd
 EDC.AX  rise as much as 3.7% to A$0.995, mark their biggest
intraday pct gain since June 6
    ** Co expects FY net profit after tax (NPAT) in a range of
A$6.0 mln-A$6.1 mln ($4.14 mln-$4.21 mln), compared with A$4.9
mln posted last year  urn:newsml:reuters.com:*:nASXCLrSz 
    ** Shares hit their highest since June 29
    ** As of last close, stock down 8.1% this year

($1 = 1.4484 Australian dollars)

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))