Australia's NIB Holdings climbs to over 1-month high on positive FY results

NIB Holdings

21/08/2023 05:07

** Shares of NIB Holdings  NHF.AX  rise as much as 7.3% to
A$8.585, their highest level since July 11
    ** Co stock set for best day since Aug 22, 2022, if gains
hold
    ** The health insurance provider posts FY net profit after
tax (NPAT) of A$191.1 mln ($122.34 mln), up 42.8% from last year
    ** Co declares a fully franked final dividend of 15
Australian cents per share
    ** Stock up 3.2% this year, as of last close

    ($1 = 1.5620 Australian dollars)

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))