Australia's Wellnex Life rises to 1-1/2-week high on upbeat revenue growth

Wellnex Life

13/05/2025 01:57

** Shares of Wellnex Life WNX.AX rise 17.3% to A$0.305, their highest levels since May 2

** The consumer healthcare business posts revenue for January-April of A$8 million ($5.09 million), up 46% y-o-y

** Co adds it is in the process of preparing to enter the UK and European markets in FY26

** Stock posts biggest intraday percentage gain since April 23

** WNX down 49% YTD, including moves in current session

($1 = 1.5711 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((JasmeenAraIslam.Shaikh@thomsonreuters.com;))