Australia's Viva Leisure falls most in a month as loss widens

Viva Leisure

18/08/2022 06:38

** Shares of tech-focused health club Viva Leisure  VVA.AX 
fall as much as 5.5% to A$1.2
    ** Stock will see its worst session since July 11, if losses
hold
    ** VVA reports FY22 attributable loss of A$12.1 mln vs A$6.4
mln a year earlier  urn:newsml:reuters.com:*:nASX1r2Hpq
    ** In FY22, group recorded a net loss after tax of A$5.5
mln, compared to a profit of A$0.9 mln in FY21
    ** Revenue for the year rose 8.5% to A$90.8 mln
    ** Stock down ~42.3% this year, as of last close

 (Reporting by Anan Ashraf in Bengaluru)
 ((Anan.Ashraf@thomsonreuters.com;))