fbpx
Saturday, January 16, 2021

Advertising

Home Business News Evolve (ASX:EVO) share price lifts after turning loss to profit

Evolve (ASX:EVO) share price lifts after turning loss to profit


The Evolve Education Group Ltd (ASX: EVO) share price lifted to a 52-week high of 18.5 cents early today, after the company released its interim half year report. Evolve reported net profit after tax (NPAT) of NZ$6.23 million for the six months to 30 September, a significant turnaround from the loss of NZ$1.44 million for the same period last year. The Evolve share price has since retreated slightly to it current price of 18 cents.

What else did Evolve report

The company realised an increase in net profit despite booking 6% less revenue at NZ$65 million for the same period. It attributed the revenue drop to the impact of closure and disruption to its centres arising from COVID-19

Evolve reported underlying earnings before…



Click here to view the original article.

- Advertisment -
- Advertisment -

Most Popular

Best of cartoons, January 17, 2021

The news of the day as interpreted by our talented artists, illustrators and cartoonists.Click here to view the original article.

Military surround Uganda opposition candidate’s home

Ugandan opposition candidate Bobi Wine said on Friday that his life was in danger after the government deployed armed security forces around his...

Almost 50 Australian Open players in strict quarantine after coronavirus case on second flight

The Australian Open lead-up has been thrown into chaos with at least 47 players now confined to their hotel rooms for the next...

Armin Laschet elected leader of Angela Merkel’s party

Berlin: Germany's Christian Democratic Union (CDU) elected Armin Laschet as chairman on Saturday, aiming to unify their divided party behind a new leader...

You might also like ...

Carbon Health Launches COVID-19 Vaccination Platform to Accelerate National Rollout
Total Withdraws From the American Petroleum Institute