Australia's Helloworld Travel at over one-week high on quarterly results, outlook

Helloworld Travel

02/05/2022 04:49

** Shares of Helloworld Travel Ltd  HLO.AX  rise as much as
4.1% to A$2.77, hit their highest level since April 21 
    ** The Australian travel distribution firm says total
transaction for March quarter was A$419 mln ($295.31 mln), up
60% compared with last year  urn:newsml:reuters.com:*:nASX6F8BCT
    ** Posts qtrly revenue of A$22.8 mln, up 52% year-on-year
    ** Co says it expects rapid improvement in revenue in the
coming months
    ** Helloworld sees biggest intraday pct gain since April 21
    ** Stock up 6% this year, as of last close


     ($1 = 1.4188 Australian dollars)

 (Reporting by Jaskiran Singh in Bengaluru)
 ((Jaskiran.Singh@thomsonreuters.com;))