Australia's Global Health soars on H1 FY25 rev jump

Global Health

21/01/2025 04:30

** Global Health  GLH.AX  jumps 11.5% to A$0.145, highest
since Oct. 28, 2024
    ** Digital health solutions provider's H1 FY25 rev jumps
more than 7% y/y
    ** Co says rise in rev despite closure of private hospitals,
fewer community and primary care patients
    ** Adds GLH well placed to generate better results in 2HY
FY25 amid growing pipeline of new clients, upgrades to existing
clients
    ** Around 54,074 shares traded, 2.1x the 30-day avg
    ** Stock set for biggest intraday pct gain since Aug. 2,
2024
    ** GLH up 7.4% YTD

 (Reporting by Manasi Dasa Sundeep in Bengaluru)
 ((Manasi.DasaSundeep@thomsonreuters.com;))