Aussie tourism operator Kelsian loses most since debut in October 2013

Kelsian

28/02/2024 01:01

** Shares of Kelsian Group  KLS.AX  fall as much as 14.7% to
A$5.620, marking the worst intraday pct drop since their debut
on ASX in mid-October 2013
    ** KLS stock is among worst losers in the ASX 200 benchmark
index  .AXJO , and at its lowest level since Oct 9 
    ** About 700,000 shares change hands, vs the 30-day average
of 283,680 shares
    ** Co's 1H24 underlying profit after tax slips marginally to
A$26.4 mln ($17.28 mln), while pre-tax profit falls 8.4% to
A$32.9 mln
    ** Announces interim dividend of 8 Australian cents per
share
    ** KLS stock down 65.7% this year, as of last close

   ($1 = 1.5277 Australian dollars)

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))