Australia's Viva Leisure hits 5-month high on strong FY results

Viva Leisure

11/08/2023 03:43

** Shares of Viva Leisure  VVA.AX  rise as much as 3.9% to
A$1.35, their highest since March 7
    ** The health club owner reports FY net profit attributable
of A$3.4 mln ($2.22 mln) vs a loss of A$12.1 mln last year 
    ** Co says FY revenue increased 55.4% to A$141.2 mln
    ** More than 1.1 mln shares change hands, 24.3 times the
30-day average of 46,872 shares
    ** VVA stock up 18.7% YTD, as of last close

     ($1 = 1.5337 Australian dollars)

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