Australia'a Enero Group jumps most in over 10 months on posting FY profit

Enero

12/08/2022 03:49

** Enero Group Ltd  EGG.AX  rises as much as 10.4% to
A$3.401, its highest intraday pct gain since Oct. 6, 2021
     ** Stock hits its highest since May 13
    ** Australian technology co posts FY profit after tax
attributable A$25.4 mln ($18.02 mln), compared with loss of
A$402,000 last year  urn:newsml:reuters.com:*:nFWN2ZN9HX
    ** Posts FY gross revenue from ordinary activities A$522.1
mln compared with A$402.5 mln last year 
    ** Says well positioned for organic growth in FY23 
    ** Stock has fallen 23% this year as of last close

    


($1 = 1.4098 Australian dollars)

 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))