Australia's Link Administration restates FY23 results

Link Administration Holdings

30/10/2023 22:52

Oct 31 (Reuters) - Australia's Link Administration
Holdings  LNK.AX  said on Tuesday it was restating its results
for fiscal 2023 to reflect the sale of a business and the
settlement of a UK investigation into a unit. 
     The company's statutory loss for fiscal 2023 will be
revised to A$248.9 million  ($158.57 million) from A$417.7
million previously reported, it said. 

($1 = 1.5696 Australian dollars)

 (Reporting by John Biju in Bengaluru; Editing by Anil D'Silva)
 ((John.Biju@thomsonreuters.com;))