NZ's Evolve Education hits 10-1/2-month high as co swings to profit

Embark Education

26/11/2020 23:56

** Shares of Evolve Education Group  EVO.NZ  rise as much as
6.9% to NZ$0.186, their highest since Jan 6 
    ** Co posts net profit after tax of NZ$6.23 mln ($4.36 mln)
for half-year from a loss of NZ$1.44 mln a year ago 
 urn:newsml:reuters.com:*:nASX2l9Rkw
    ** HY revenue down 5.8% to NZ$65.2 mln, hurt by closure of
centres and disruptions arising from the COVID-19 pandemic 
    ** Stock down 2.8% this year, as of last close 

    ($1 = 1.4280 New Zealand dollars)

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))