Australia's Healius hits over two-year low, worst performer in ASX 200

HL Science

21/11/2022 24:30

** Healthcare firm Healius Ltd  HLS.AX  falls as much as
8.6% to A$3.035, its lowest level since July 2020
    ** Declines to comment on media speculation that state-owned
Queensland Investment Corporation (QIC) was set to buy its Day
Hospitals unit
    ** HLS' Day Hospitals business, which comprises 10
Montserrat brand day hospitals and one short stay, contributed
2.1% to fiscal 2022 revenue of A$2.34 bln ($1.56 bln)
    ** HLS marks its worst intraday drop since Aug. 31; the
worst performer in the ASX 200 benchmark index  .AXJO 
    ** HLS down 37.1% this year as of last close, vs a 3.9%
decline in the ASX 200 benchmark index  .AXJO 
($1 = 1.4986 Australian dollars)
 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))