Picture of Koala logo

KOA — Koala News Story

0.000.00%
au flag iconLast trade - 00:00
Consumer CyclicalsSpeculativeSmall CapHigh Flyer

Australia's Koala Company eyes best day since listing on swing to annual profit

BUZZ-Australia's Koala Company eyes best day since listing on swing to annual profit

** Shares of Australia's Koala Company KOA.AX rise as much as 13.9% to A$3.97, on track for their biggest intraday pct gain since their listing earlier this year

** Stock hits highest level since April 2

** Home furnishings retailer reports FY statutory NPAT of A$24.6 million ($17.66 million), compared to a loss of A$4.6 million last year

** Co says ordered revenue grew 27% YoY in constant currency in the eight weeks to August 23

** About 360,404 shares traded, 7.5x the 30-day average

** Stock last up 6.2%



($1 = 1.3930 Australian dollars)


(Reporting by Rudrannsh Mehra in Bengaluru)

((Rudrannsh.Mehra@thomsonreuters.com))

Recent news on Koala

See all news