Australia's Ramsay Health Care jumps most in 8 months on upbeat HY results

Ramsay Health Care

29/02/2024 24:25

** Shares of Ramsay Health Care  RHC.AX  jump as much as
5.5% to A$53.990, their biggest intraday pct gain since June 28,
2023 
    ** The country's largest private hospital operator posts HY
net profit after tax atrributable of A$758.5 mln ($492.65 mln)
vs $194.4 mln
    ** Posts HY total revenue and other income of A$8,058.1 mln
vs A$7,103.7 mln 
    ** Declares interim dividend 40 AU cents per share, below
Jefferies estimate of 48.5 AU cents apiece  
    ** Shares touch their highest level since Aug 23, 2023
    ** Stock down 2.7% YTD, as of last close 

   ($1 = 1.5396 Australian dollars)

 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))