Australia's Helloworld Travel soars on HY profit

Helloworld Travel

20/02/2023 02:33

** Shares of Helloworld Travel Ltd  HLO.AX  climb as much as
13.7% to A$2.32, on track for best day since Dec 15, 2021
    ** Travel-distribution co posts HY profit after income tax
attributable of A$1.4 mln ($963,200.00) vs a loss of A$14.0 mln
a year earlier
    ** Says HY total revenue and other income from continuing
operations A$73.2 mln vs A$29.2 mln a year ago
    ** Co proposes interim dividend of 2.0 AU cents per share
for the half year ended Dec 31
    ** Stock hits highest level since May 31
    ** More than 1.9 mln shares change hands, over thrice the
30-day average volume 
    ** Stock up 52.2% this year, as of last close
($1 = 1.4535 Australian dollars)
 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))